The EII is a successful program initiated by Appui au Développement Autonome (ADA) and MicroEnergy International (MEI) which aims to increase access to clean energy through inclusive financial and technical services. A pilot project was launched in Peru with the technical assistance of local partners, EnDev/GIZ Peru.
During its pilot stage, the EII project successfully integrated clean energy technologies for productive use into the portfolio of a local microfinance institution, Fondo de Desarrollo Rural Fondesurco (FS). FS provides FondeEnergía green loans to finance energy technologies that cost between €100 and €900.
The loans are directed towards local micro-and small enterprises and households, and enable the purchase of solar water heaters (SWH), improved cooking ovens (ICOs) and will include additional clean energy technologies that save energy and generate business income.
Constant monitoring has been conducted throughout the pilot phase which has enabled a regular updating of the business plan. Thanks to the support of ADA and REEEP, the EII project will be scaled up from the pilot to the commercialisation phase.
Photo (right): A solar water heater being installed at a hostel in Chivay, Peru.
To scale up the EII project in Peru by expanding the loan to more FS branches, and widening the range of clean energy technologies offered, thereby providing a successful business model for clean energy dissemination in Peru.
Photo (left): Consumer loans finance improved cooking ovens (above) and solar water heaters.