Cheap Solar Lantern Aims To Really Help The Poor

Here’s a great article… Will the World’s Cheapest Solar Lantern Pull in Profits While Igniting Economic Development?

These entrepreneurs at D.Light have produced a solar lantern that sells for about $10, the Kiran.

Their theory is that if they can develop a needed product at a low enough cost (while still making a profit themselves), they can revolutionize the developing world and make lots of money themselves.  To quote the article “If you can serve developing markets with ultra-cheap, mass-produced goods, you’ll have access to massive profits while igniting economic development.”

Depending on whether you’re using the light at “high” or “low” intensity, one charge creates 4-8 hours of light. The light can be charged by leaving the lantern in the sun all day so that it’s ready for work at night.

For areas where electrical infrastructure is sparse, this device could expand the work day significantly or do things like allowing entrepreneurs in undeveloped countries to work during their peak efficiency hours while using otherwise “lost time” (dark hours) for reading or other activities to boost their business.

Hopefully it will provide it’s creators with significant profits while spawning economic development across the globe.