August 1, 2014, Delhi, India
This workshop, organized by Arc Finance in conjunction with USAID, brought together microfinance institutions (MFIs), energy enterprises, one crowdfunding platform, and apex organizations for a day-long strategy session. USAID’s Renewable Energy Microfinance and Microenterprise Program (REMMP), implemented and managed by Arc Finance, is designed to improve access to modern energy services in underserved communities. Arc Finance and USAID aim to demonstrate the commercial viability of consumer payment models (including microfinance, remittances and pay-as-you-go models); facilitating investment for clean energy financing; and improving the capacity of the private sector to finance clean energy.Read
The challenges around achieving these goals and strategic lessons learned by Arc’s India partner organizations made up the structure of “Financing Small Scale Off-Grid Clean Energy: Opportunities and Challenges” for Arc’s Partners. The workshop ended with a summary of important takeaways for REMMP partners to consider as they continue to scale their energy programs.