LMDF’s financing of energy efficient equipment in Peru
Partner of LMDF since July 2013, Fondesurco is an MFI which developed a pilot project called “FondeEnergía”, in collaboration with ADA and MicroEnergy International, in order to finance solar water heaters and energy efficient ovens.
Both products combine environmental benefits such as reduced emission of greenhouse gases with economic advantages for clients. Solar water heaters for example allow small hostels to increase their room rates while reducing energy costs.
From July 2013 to January 2014, LMDF granted two loans to Fondesurco of Peruvian soles 900,000 each (EUR 246,286) in order to expand the commercialization of FondeEnergía.
Read more about this project in the interview in 4 questions to Gabriel Meza Vásquez, General Manager of Fondesurco.