This project supports a fee for service model to increase access to clean energy for the poorest families of rural communities in Cajamarca, in the north of Peru. Households can access Solar Home Systems paying a monthly fee that covers leasing of equipment and all after-sales services including maintenance, for the next 20 years. The project is implemented by Peru Micro Energia, PEME, a social micro enterprise. The project also will support institutional strengthening to PEME to assure the sustainability of the organization. A PES operation will provide complementary financing.
|Project Type||Technical Cooperation|
|Environmental and Social Impact Category||B|
|Approval Date||SEP 20, 2012|
|Contract Signature Date||FEB 19, 2013|
|Completion Date||AUG 27, 2015|
|IDB Financing *||0.33|
|Total Cost H||USD 530,586|
|Country Counterpart Financing||USD 200,000|
|Financing Type||Non-Reimbursable Technical Cooperation|
|Fund||MIF-Small Enterprise Dev. Facility|
|Reporting currency||USD - United States Dollar|
|Reporting Date||AUG 31, 2017|
|Cancelled Amount H||USD 30,260|
|Disbursed to Date R||USD 300,326|
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