Financing Source: The Energy Access Relief Fund (EARF)

From energypedia

Last edited on 15/03/2023 by Kimberly Fahsold
(Date format: DD/MM/YYYY)

Key facts
Designed to provide up to 3.5-year tenure, subordinated, unsecured, and low-cost subsidized loans to companies that had viable business models prior to COVID and that are facing liquidity challenges due to COVID-19. Focus is expected to be on loans of less than $1M, within a range of $50K to $2.5M.
Type of financing
  • Debt
Technology scope
  • SHS
  • Minigrid
  • Other
Target beneficiaries
SME
Geographical scope
Africa and Asia
Application
Rolling basis
URL
Further information