Scale-up Contactar Green Microfinance Initiative

Project Description

MicroEnergy International (MEI) will provide technical assistance allowing Contactar to scale its green activities and develop a holistic green strategy on an institutional level. Furthermore, it will enable Contactar to satisfy the high demand for basic energy products among its low income clients via environmental-friendly technologies.

In the scope of the project internal capacity building at all levels for the MFI will be provided, a strategic business model developed and end-user training provided. Moreover, it will allow the incorporation of further clean energy technologies in Contactars portfolio and thus, expanding its outreach.

Technologies

Clean Energy Technologies (among others: Improved Cooking Stoves, Biodigestors)

Beneficiaries

Rural households, microenterprises, local technology suppliers and distributors

Project Objectives

- Institutionalize and scale existing pilot experience with green energy technologies

- Identify and evaluate energy products and services with high market demand

- Identify and evaluate energy product- and service providers of green energy technologies

- Develop a business plan for green loan products

- Design a green institutional strategy

- Provide trainings to Contactars staff (loan officers, etc.) to build tools and capacities within the institution

- Promote the green loan products and develop end-user focused training materials (train the trainer approach)

Phases

A. Assessment

B. Strategy Design – Business Planning

C. Implementation – Re-launching of Green Energy Program

D. Communication

 

Contactar's application to the MasterCard Foundation Clients at the Centre Prize:

https://vimeo.com/169619867

Location:

Colombia

Time Line

01.07.2014 – 30.06.2015