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.
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.
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). ►
Mahashakti Foundation (MSF) is a professionally managed and operated organization that provides a range of services to the “poor and downtrodden communities” and works towards improvement in livelihood development, health, education, agriculture, renewable energy, micro insurance, sustainable community development, sanitation, organic farming, housing and microcredit. MSF currently operates in 20 branches in eight districts of Western and Southern Odisha. Under PACE-D, Arc is supporting MSF expand its energy lending program. Read our Mahashakti Foundation MFI Fact Sheet (PDF). ►
The Energy Diaries is a new research methodology that studies energy uses and spending at the household level. The objective is to improve understanding of the daily realities of the energy poor, understand how energy poverty may impact women and men differently, illustrate what these gendered needs suggest about optimal energy products and services for this market, and identify relevant policy implications for stakeholders to better meet the needs of poor households. Read our Energy Diaries Fact Sheet (PDF).►
Many poor consumers can’t afford to pay for alternatives to expensive, low-quality energy sources, such as kerosene, candles and batteries, because of the up-front costs of solar systems and clean cookstoves. Pay-As-You-Go models (PAYG) allow customers to pay for energy services over time, spreading the cost of a unit over several months. In this Briefing Note, read about six innovative models and technologies from Azuri Technologies, Angaza Design, Lumeter Networks, M-KOPA, Fenix International and SIMPA Networks, and the many beneficial impacts of their work. Read our Briefing Note (PDF). ►