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 PACE-D Impact Fact Sheet (PDF). ►
Sarala, based in West Bengal, is a registered Section 25 not-for-profit company operating as a microfinance institution. It was established in 2006 with a mission to reduce poverty by providing high-quality financial services to low-income communities, with a particular focus on helping poor women gain access to credit. Under PACE-D, Arc is supporting Sarala to develop and scale an energy lending program. Read our Sarala MFI Fact Sheet (PDF). ►
Sarala Development and Microfinance is a microfinance institution (MFI) operating in Northeastern India. With the support of the Partnership to Advance Clean Energy–Deployment Technical Assistance (PACE-D TA) Program, Sarala has launched and quickly scaled a clean energy lending program for its microfinance client base. In just under two years, Sarala has helped over 100,000 women access clean energy, improving clients’ quality of life with reliable and clean energy,and reduced dependence on harmful traditional fuels. Read the Case Study (PDF).►