If you’re familiar with the concept of micro-finance, chances are it’s through organizations like Kiva, which allow individual donors to make loans to enterprising entrepreneurs in underprivileged regions of the world. Now, the New Generation Energy has introduced a different type of microfinance, one that offers donors the ability to benefit green nonprofits and projects across the country.
Through the Green Energy Project Microfunding site, any nonprofit organization may apply to be listed for help with a proposed green project. This includes family shelters, community centers, schools, universities, churches, and more. All projects must be located in the United States, and overseen by a US-based nonprofit organization, in order to qualify.
New Generation Energy’s Executive Director Chuck Lewin sees the website as a way for nonprofits to get funding for their green energy and efficiency projects, educate the public about sustainability efforts, and illustrate real world, practical applications of green energy technology.
Like what you are reading? Follow us on RSS, Twitter and Facebook to learn more and join the green technology discussion. Have a story idea or correction for this story you are reading? Drop us a line through our contact form.