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Financing Source: Results Based Financing for Productive Appliances & Equipment (PUE)

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Revision as of 08:35, 15 March 2023 by ***** (***** | *****) (Created page with "{{Financing SourcesDB |FS title=Results Based Financing for Productive Appliances & Equipment (PUE) |FS facts=Result Based Finance means that subsidy that is applied after a p...")
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Last edited on 15/03/2023 by Kimberly Fahsold
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Key facts
Result Based Finance means that subsidy that is applied after a pre-determined result has been met and verified. Total funding amount: US$18.5 million with a subsidy framework of 30% of the costs of deploying PUE. Incentive factors can increase subsidy level to 60%. Under the NEP, channeled by REA.
Type of financing
  • Grant
Technology scope
  • SHS
  • Minigrid
  • Other
Target beneficiaries
SME
Geographical scope
Nigeria
Application
Rolling basis
URL
https://nep.rea.gov.ng/result-based-financing-for-productive-appliances-equipment/
Further information
https://www.youtube.com/watch?v=qgDgpKubVZ0



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