Opportunity - Gender Results Based Financing for Productive Use Appliances

From energypedia

►Add a New Opportunity
►See all Opportunities

Title
Gender Results Based Financing for Productive Use Appliances
Organization
ODYSSEY
Type
Financial: (Other Funding Opportunities)
Sector
  • Other
  • Productive Use


Eligibility/Description
The Gender RBF pilot aims to improve gender outcomes by(1) incentivizing distributors of productive use appliances to target women, and (2) encouraging women to use productive use appliances to improve their livelihoods. This pilot will serve as a proof-of-concept to validate the value of positive gender outcomes that are produced by the adoption and use of productive use appliances and will provide learnings to maximize impact for a full-scale roll-out of a gender RBF program. The Gender RBF program also aims to expand the addressable market for appliance distributors by tapping into an often overlooked segment of the population for these appliances. This should enable them to further accelerate their growth, both through new customer acquisition, and by unlocking new pools of de-risking capital that prioritize gender outcomes, which can further mobilize the commercial capital needed to scale their solutions.

The geographic scope of this program includes allSub-Saharan African countries. The appliances supported under this program include: Water pumps, Ag-processing machinery, cold storage, clean cookstoves.

The Gender RBF pilot will be implemented over a 13-month period. Once the program has officially launched after the onboarding of selected participants, companies will have a six-month appliance sales period during which they can sell the appliances that could be eligible to receive a subsidy under this program. The company will be expected to fill out a brief pre-sale survey at the point of sale. This will be followed by an outcome verification period that of six months based on when the appliance is sold. During this period, we require the company to share monthly usage data from the appliance(either through remote monitoring or other methods of data collection that are verifiable by the program – for example, in the case of clean cooking, billing statements that show fuel top ups for the appliance). At the end of the monitoring period, the company will be expected to conduct a brief post-sale survey which is to be submitted within one month of the end of the monitoring period at the latest.

The program appreciates that for high value appliances such as large ag-processing appliances, cold storage, etc., distributors may not be targeting their sales to women / women groups (the key end-users for thisRBF program). As such, we will also be providing customized technical assistance (TA) to select companies to improve sales to women and women groups and would encourage companies that are not currently focusing on this customer segment to apply.

Further details and application: https://odysseyenergysolutions.com/financing-programs/gender-results-based-financing-for-productive-use-appliances-72a84
Deadline
2024/05/07
URL