Arc is implementing the Microfinance Support Program (MSP) under The Partnership to Advance Clean Energy – Deployment Technical Assistance (PACE-D TA) Program, a five- year bilateral program with the objective to accelerate India’s transition to a high performing, low emission, and energy secure economy.
For details on the PACE-D project, click here.
Arc Finance is committed to measuring the impact of its programs in terms of increased availability of consumer financing for clean energy products and services. Arc also measures and reports on other indicators which we view as important for our development agenda. Read our Impact Fact Sheet (PDF). ►
Saija is an NBFC-MFI (Non Banking Finance Company-Micro Finance Institution) based in the state of Bihar, India, with headquarters in Patna. Saija targets small and micro businesses, in both urban and rural settings, in the underserved geographies of Northern and Eastern India. Under PACE-D, Arc is supporting Saija to develop and scale an energy lending program. Read our Saija MFI Fact Sheet (PDF). ►
Saija Finance Private Limited is a microfinance institution (MFI) operating in Northern and Eastern India. With the support of the Partnership to Advance Clean Energy–Deployment Technical Assistance (PACE-D TA) Program, Saija has piloted and scaled both a hybrid Loan Office/Energy Office business model and solar lighting energy lending program for its clients which has dually increased its own institutional capacity and helped thousands of poor households get access to clean energy to reduce the use of harmful traditional fuels and improve their livelihoods. Read the Case Study (PDF).►