Micro Hydro Power Debt Fund Component - EnDev Nepal
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Micro Hydro Power Debt Fund Component - EnDev Nepal
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This article talks about Debt Fund; a financing mechanism developed by EnDevNepal. The Micro Hydropower Debt Fund (MHDF) is set up under the supervision of the Alternative Energy Promotion Centre (AEPC) and placed at two competitively selected banks for administration. Besides providing financial support to local communities which would like to setup and operate their own MHP plants, the fund administering banks are expected to experience ways of financing MHP projects. MFIs will be involved as a partner and administer the loan in the field on behalf of the selected partner bank. Once the loans have been repaid by the communities it will be used for financing further MHP schemes.
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Lisa Feldmann and Roman Grüner
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