Solar Microcredit, or how to facilitate access to electricity in rural areas: an example in Burkina Faso

This article presents the “Solar Microcredit in Burkina Faso” program of the Fondation Energies pour le Monde (Fondem) which enables electrification by solar kits through microfinance. This innovative program relies on pairing subsidies, covering 40 to 50 % of the investment, and microcredit. It hel...

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Detalhes bibliográficos
Publicado no:URI:https://journals.openedition.org/factsreports,
Autor principal: Holt, Sarah
Formato: Article ou chapitre numérique
Idioma:Anglais
Publicado em: Field Actions Science Reports 2016
Assuntos:
Acesso em linha:Accès Université d'Orléans et IFPM
Descrição
Resumo:This article presents the “Solar Microcredit in Burkina Faso” program of the Fondation Energies pour le Monde (Fondem) which enables electrification by solar kits through microfinance. This innovative program relies on pairing subsidies, covering 40 to 50 % of the investment, and microcredit. It helps satisfy local demand by overcoming the barrier posed by the limited payment capabilities of rural and peri-urban customers.