CALL FOR APPLICATION: LAST-MILE RESULTS BASED FINANCING PILOT PROJECT.
The Private Sector Foundation Uganda (PSFU) in partnership with Energising Development (EnDev) Uganda (GIZ) is piloting a Result-Based Financing (RBF) scheme for off grid solar companies in Uganda with funding from United States Agency for International Development (USAID) and the Swiss Agency for Development and Cooperation (SDC).The project’s objective is to increase energy access through solar home systems (SHS) to last-mile households in Uganda by incentivising off-grid solar companies to develop sustainable business models towards reaching the last mile.
The Last-Mile RBF offers three lines of financing incentives for solar companies including; Customer Remoteness RBF, Asset Financing RBF and Customer Default RBF. The incentives are intended to support solar companies to offset parts of their costs and risk players experience when targeting new and more remote geographical customer segments.
The RBF scheme is open to all off-grid solar companies operating in Uganda.
To participate in the Last-Mile RBF pilot, the entity must fulfill the following conditions;
1. Must be duly registered and operating in Uganda.
2. Must be for-profit company
3. Must be tax compliant and not have any open tax or fraud issues
Eligible products must fulfill the following conditions;
1. Must be Tier 1, Tier 2 or Tier 3 systems
2. Must provide evidence that system delivers ESMAP criteria (Tier 1, Tier 2 or Tier 3)
3.Must have at least ONE of the following documentations;
a) Lighting Global (LG)/ VeraSol approval, OR
b) Lighting Global Initial Screening Method (LG ISM) approval, OR
c) UNBS valid certification
Successful candidates will be required to sign an Incentive Contract/ Agreement with Private Sector Foundation Uganda.
PSFU invites eligible enterprises to complete the application form and submit their applications for the Last-Mile Results Based Financing (RBF) pilot project.
How to apply
All interested enterprises shall complete the application form and submit their applications electronically to;
Interested Enterprises are required to submit their applications by 7th September 2021 by 5pm.
Late submissions will not be accepted.
For clarification purposes only, the Fund Manager’s address is:
Acting Executive Director Attention: The Fund Officer,
Results Based Financing (RBF) Pilot Organisation:
Private Sector Foundation Uganda Street Address:
Plot 43, Nakasero Road City: Kampala
ZIP Code: P.O. Box 7683 Country: Uganda Telephone: +256 312 263 849; +256 312 263 850 Facsimile number: +256 312 266 440
Requests for clarification should be received by the PSFU no later than: Five days before submission deadline