About
Enabling Climate Resilient African Communities Through Credit Scoring is a novel credit scoring and portfolio monitoring application that helps distributed energy companies underwrite solar-powered productive use equipment and monitor portfolio health, by helping these companies identify low-risk lending opportunities to smallholder farmers. There are many such opportunities in the African market, but those smallholder farmers struggle to access reliable credit at reasonable rates. The proponents estimate that the system could provide solar-powered productive use system access for up to 4 million smallholder farmers over the next 5 years.
Details
Type: Adaptation
Sector: Agriculture and Livestock, Electricity/power, Financial services, Water
Focus: Sustainable land use
Geography: Africa
Stage: Development
Investment Type: Grants, Concessional
Proponents: Nithio Holdings, Inc.
Cycle: 2020
Contact
Proponents
Robert Colvin and Hela Cheikhrouhou, Nithio Holdings, Inc.