Arc is testing, piloting and expanding a number of business models that are focused on financing for sustainable energy including microfinance, remittances, asset finance, crowd-funding and pay as you go mechanisms. The end goal of REMMP is to increase access to finance for end users of clean energy services so as to improve livelihoods and quality of life among these target recipients.
For details on the REMMP project, click here.
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.
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).►
Arc Finance is committed to measuring the impact of all its programs in terms of increased availability of consumer financing for clean energy products and services. Arc also measures and reports on other indicators we view as important for our development agenda. Read our Impact Fact Sheet (PDF). ►
USAID’s Renewable Energy Microfinance and Microenterprise Program (REMMP) is designed to improve access to modern energy services in underserved communities, while at the same time helping USAID partners reduce carbon emissions. A key goal of REMMP is to increase the availability of consumer financing for clean energy services and products to enable low-income populations to gain access to technologies that can improve their livelihoods and quality of life while mitigating climate change. Read our Fact Sheet (PDF). ►
Sogexpress, Haiti’s largest money transfer organization, facilitates over US$500 million annually in remittance flows between members of the country’s diaspora population residing in the United States and their family in Haiti. The company identified a powerful business opportunity in a critical unmet need, and in 2012 began to lay the groundwork for a new venture that would market high quality, locally manufactured solar lighting and charging devices to its growing retail customer base nationwide. Read our Case Study (PDF). ►
Arc Finance is committed to measuring the impact of all its programs in terms of increased availability of consumer financing for clean energy products and services. In Haiti, REMMP is working with Sogexpress, a leading Haitian money transfer organizations, to strengthen and scale sales of clean energy products through its agent network in Haiti as well as through its international remittances platform. Read our Fact Sheet (PDF).►
Arc Finance is committed to sharing the economic and social impact of increased availability of consumer financing for clean energy products and services. This Photo Essay profiles the experiences of a Sogexpress client as she navigates life in rural Haiti. Read our Photo Essay (PDF) .►
Arc Finance is committed to sharing the economic and social impact of increased availability of consumer financing for clean energy products and services. This Photo Essay profiles the experiences of clients as they navigate life in rural India, Uganda and Haiti. Read our Photo Essay (PDF). ►
Arc Finance is committed to sharing the economic and social impact of increased availability of consumer financing for clean energy products and services. This Infographic documents the work our partner Sogexpress to provide thousands of Haitians with access to affordable clean energy products. Read our Infographic (PDF). ►
This series of four videos captures a full-day 2015 workshop entitled “Innovations in Financing: The Nexus Between Energy, Distribution And Finance.” Organized by Arc Finance in conjunction with USAID, the day featured stakeholders from across the sector discussing the latest innovations in consumer and institutional finance for providing small-scale clean energy access to the poor. Watch our video series. ►
Founded in 2010, Solar Sister brings affordable solar lamps and small solar systems to communities in East Africa. Using an Avon-style distribution system, Solar Sister creates vital access to clean energy technology by building and extending the supply chain through women’s rural networks. Read our Case Study (PDF). ►