Clean Energy Promotion through Microfinance in Ethiopia
Services Topics Date
Africa Technical Assistance, Clean Energy Finance, Ethiopia Training & Capacity Climate Change Adaptation 2014 – 2017 Development & Mitigation
Partners Clients Beneficiaries
Buusaa Gonofaa Microfinance, Gaya Consulting Oy, Nordic Development Facility Harbu Microfinance, Swan Management (NDF) Specialized Financial and Promotion Institution (SFPI)
Project Description: Services Provided:
The project initiates an innovative and • Energy need assessment and market segmentation for the client base of replicable mechanism to finance clean each participating MFI energy technologies (CET) for households • Recommendations for selection of CETs to be offered though microcredit and small and middle size enterprises financing, per participating MFI (SMEs) through a microcredit financing • CET supplier identification, evaluation, recommendations for final selection, mechanism with three Ethiopian MFIs. and assistance with contracting, per participating MFI In addition, the project studies ways to • Design of CET supply chains and integration of CET microcredit product into further scale up CET usage through MFI portfolio, including but not limited to microloan product development, innovative finance mechanisms. monitoring and evaluation framework design, training and capacity building, assistance with the implementation phase, per participating MFI