SwitchON, PNB sign MoU for solar pump financing
Under the partnership, the West Bengal-based not-for-profit organization shall set up a guarantee fund to facilitate the financing of solar pumps for unbankable small and marginal farmers without having to offer any collateral.
Financing solar powered appliances for rural livelihoods
Rural micro enterprises in India suffer as financiers perceive lending for solar powered livelihood appliances as risky, owing to a lack of understanding of the technology and the viability of these enterprises—says a report by India’s Council on Energy, Environment and Water which also makes recommendations to improve the economic viability of financing for these products.
