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NEWS
TaTEDO Modern Energy Business Financing Support Initiatives
Finance is generally cited as a key barrier to modern energy SME
development in Tanzania. Removing financial barriers would require joint
efforts and a coalition of actors within the SME sector to pool their
resources together and provide the much-needed support to enable SMEs to
build their capacity and improve their profit margins. The growing
number of micro-finance institutions is also an indication of the
different financial needs and arrangements of SMEs. A number of these
institutions such as the Promotion of Rural Initiative and Development
Enterprises Limited (PRIDE) and Foundation for International Community
Assistance (FINCA) in Tanzania are catering for small lenders whose
absorption rate and spending ability is smaller. Although there is a
growing realization that there is money to be tapped for financing SMEs
from financial institutions, the profile of many
entrepreneurs and their transactions are difficult to monitor which does
not create a natural niche for micro-finance institutions. In addition,
micro-finance institutions are gene
Having realized need and importance of MFI, TaTEDO through AREED phase II programme seeks to address this core problem by reaching deeper into rural markets that tend to be avoided by the more commercially-oriented enterprises by: 1) identifying and providing enterprise development services and targeted grant support to development-focused local organizations seeking to initiate and manage sustainable rural energy projects or enterprises.; and 2) engaging more with micro-finance institutions and local banks to facilitate flows of end-user financing to ultimate beneficiaries of energy projects initiated by the social enterprises pursuing rural development. |
Poverty free and self-reliant communities in Tanzania accessing sustainable modern energy services.
Advancing popular access to sustainable modern energy technologies in marginalized communities in Tanzania, through technological adaptations, capacity building, community mobilization and advocacy for increased access to sustainable energy |
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Energy Tips Energy at households, offices and along the road cost a lot. Please find some tips of saving energy and cutting energy budgets: Click here to get the following energy tips |
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Opportunities |
TaTEDO is implementing a project for
reducing climate change through voluntary offset market on improved
firewood saving stoves in rural areas of Kilimanjaro Region. This is
the first voluntary market project in Tanzania. The project
intends to replace the three-stone fire places (with efficiency of 10 to
15) |
More Energy Headline |
Fund Raising
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Tanzania Traditional Energy Development and Environment Organization @TaTEDO (2007), All Rights Reserved, Legal and Privacy Notices |
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