Credit line
Partner
In partnership with BRED MADAGASIKARA BP Bank
Targeted companies
Companies, financial institutions or alternative lenders and NGOs with a commercial approach
Key information
Initial budget
11 million USD
The GoF may adjust this initial allocation according to progress made and changing needs.
Exposure limits
Total debt financing < 25% of total amount Line of credit.
In the event of default, no payment without written consent of the Investment Committee.
Currency
Disbursement in MGA only
Repayment term
12 to 36 months
Type of loans
Inventory financing
Credit associated with the commercialization of equipment stock
Product name
Cash credit for the purchase of solar products, digital terminals or UPE (inventory building) on a short-term basis
Amount (USD)
> USD 50,000 - USD 2,500,000
Features
Deferred repayments possible (3 months)
Product name
Documentary credit (inventory imports)
Amount (USD)
> USD 50,000 - USD 2,500,000
Features
Deferred repayments can be set up.
For companies whose suppliers agree to be paid by Credit
.
Refinancing
Refinancing of payment facilities / consumer credits to end customers by a solar distributor / digital devices / equipment for productive use:
Product name
Refinancing credit for consumer loans granted by solar, digital and UPE distributors
Amount (USD)
> USD 100,000 - USD 2,500,000
Features
Financing cycle of a PAYGO / LTV 80% company
Credit to MFIs
MFIs that finance solar products/digital devices:
Product name
Refinancing loans granted by MFIs to finance solar products, digital devices and UPEs granted to individuals for the purchase of products eligible under the DECIM fund.
Amount (USD)
> USD 100,000 - USD 2,500,000
Features
Credit for solar and digital top-ups / LTV80%.
How to apply?
1. Fill out the credit application form below (MFI or solar distributor) and provide the required documents listed in the same document. Be as thorough as possible when completing the requested sections. Do not hesitate to be as exhaustive as possible with regard to the headings requested.
2. Submit the completed form and supporting documents to: fonds.decim@bamboocp.com
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