Financing Source: FCMB Solar Energy Loan

From energypedia

Last edited on 17/08/2023 by Abel Gaiya
(Date format: DD/MM/YYYY)

Key facts
FCMB offers a solar energy loan of up to N3 Million for businesses to finance their purchase of solar systems for up to 80% of the total cost of procuring the system. Loan requires no collateral, maximum tenor of 12 months and minimum of 13.6% interest rate.
Type of financing
  • Debt
Technology scope
  • SHS
  • Other
Target beneficiaries
SME
Geographical scope
Nigeria
Application
Rolling basis
URL
Further information