PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

597047

Primary Business Area

Access To Finance

Disclosure Date

Aug 5, 2012

Country

India

Region

South Asia

IFC Approval Date

May 22, 2012

Status

Completed

Estimated Total Budget

$532,500.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

May 30, 2014

Project Description

The project will work with Micro Energy Credits to assist financial institutions in developing lending lines for clean energy finance for low-income people in India. Micro Energy Credits is a social enterprise that helps rural banks and microfinance institutions provide clean energy to their clients. Under this project, two regional rural banks will be supported in the following areas: development of loan products, business plans, internal systems and processes; capacity building of staff; and scale up of the clean energy product line.

Development Results