Rural Electrification through Renewable Energy in Isolated Communities in Peru

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 Detail

Country

Peru

Project Number

PE-M1087

Approval Date

September 20, 2012

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 530,586.00

Country Counterpart Financing

USD 200,000.00

Original Amount Approved

USD 330,586.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/ME-13429-PE	Non-Sovereign Guaranteed	USD - United States Dollar	Mar. 31, 2025	Feb. 19, 2013	Multilateral Investment Fund II (MIF) -

Operation Number

ATN/ME-13429-PE

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Mar. 31, 2025
Signed Date: Feb. 19, 2013
Fund: Multilateral Investment Fund II (MIF) -
Financial Instrument:

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1428101340-12485