ENERGY 4 IMPACT
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
The customer is Easy Solar, a PAYGO solar system producer and distributor. They offer a range of products including solar lanterns, home lighting systems, appliances and cookstoves on affordable financing plans.
What is our funding objective?
The objective of the assignment is support Easy Solar with its vision, strategy development and implementation for supply chain management, to include process and systems improvements including through digital transformation. The ultimate outcome of the assignment is to support Easy Solar with improved business performance and competitiveness in Sierra Leone and eventually in West Africa through data driven decision making and savings along the full life cycle of the supply chain.
Why do we fund this investment?
We fund this project because it is an integral activity under Component 1 of the Ventures Technical Assistance Facility – Investee Strengthening.
- Region
- Africa
- Country
- Sierra Leone
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 6/25/2021
- Total FMO financing
- EUR 0.07 MLN
- Funding
- FMO NV