Tonibung 2017-11-24T07:24:54+00:00

Project Description

Tonibung

  • Country: Malaysia
  • Focus Area:
  • Year Founded: 1993

About us:

The Tonibung Renewable Energy Fund is created with our grant to enable villagers to purchase their shared micro-hydro turbine through a high purchase scheme. Under the scheme, Tonibung equips participating villages with micro-hydro turbines through interest-free loans from the Renewable Energy Fund, which are repaid progressively by participating villagers over a three-year period. Repaid sums are returned to the fund to finance new turbines for other indigenous villages. With clean, cheap and renewable energy, villagers are also able to earn additional income through small-scale rural produce processing facilities such as rice milling, food processing and refrigeration of fish for transportation to market. http://www.airasiafoundation.com/social-enterprise/tonibung-renewable-energy-fund/ Amplify Awards 2014, Airasia Foundation