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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
