With support from the Citibank Foundation, Arc published and disseminated in-depth research on innovative affordability mechanisms for off-grid, clean energy. The projected documented how these financial products – including lending, savings, remittances and leasing products – have dramatically improved the livelihoods of poor people around the world.
For details on this project, click here.
In partnership with the Basel Agency for Sustainable Energy (BASE), Arc implemented a project funded by the World Bank/IFC to increase access to clean rural electrification in Latin America. Arc analyzed the business models of three Latin American organizations active in the energy sector (Emprenda in Peru and Argentina, Ecami in Nicaragua, and IDEAAS in Brazil) with the goal of improving the existing business models through introducing additional products and services, promoting alliances with financial institutions, and suggesting new financing mechanisms such as carbon finance, thereby facilitating expansion and replication.
Arc Finance’s mission is to promote and expand access to financing for energy, water and other basic needs to build the income and assets of poor people around the world. Read our Fact Sheet (PDF). ►
Kenya-based energy company Stima Systems has developed a distinct approach to service delivery and end-user affordability: the group microlease. Group microleasing leverages the prevalence, structure and internal dynamics of community-based savings groups to mitigate a number of critical risks and barriers that often limit access to clean energy for poor people around the world. Read our Case Study (PDF). ►
Stima Systems is a Kenya-based energy startup that delivers affordable lighting and charging services to low-income off-grid customers using a distinct payment model: the group microlease. In this conversation Stima CEO Konrad App shares the origins of Stima’s model and provides insights into the power of groups to expand access and support commercial viability. Download this Podcast. ►