Financing Source: Global Energy Alliance for People and Planet (GEAPP) Productive Use Appliance Financing Facility

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Last edited on 25/07/2023 by Chinwendu Obed
(Date format: DD/MM/YYYY)

Key facts

The facility will provide procurement subsidies to reduce risks associated with bulk purchase of quality-assured PUAs, lowering unit costs and enabling distributors to scale procurement activity. A consumer financing fund that leverages a highly innovative, AI-enabled platform to assess PUA-specific credit risks will be available to PUA distributors.

Type of financing

• Grant

Technology scope

• Other

Target beneficiaries

SME, Households

Geographical scope

Nigeria, Ethiopia, Kenya, Sierra Leone, Uganda, DRC

Application

Other

URL

https://www.clasp.ngo/updates/press-release-clasp-nithio-with-support-from-the-global-energy-alliance-for-people-and-planet-launch-financing-facility-for-productive-use-appliances/

Further information