The programme being initiated in this project seeks to test out a process whereby rural communities can develop an organization to obtain financing for their renewable electrification investments, procure the renewable energy services from private sector providers, oversee installation of those systems and contract for the maintenance of those systems. For this process to be sustainable, the households and communities must be satisfied with the electrify services provided while paying back the principal and interest to the relevant financial institutions.

Project Details

GEF Project ID
314
Country
Bolivia
Implementing Agencies
United Nations Development Programme
Approval FY
1999
Status
Completed
Region
Latin America and Caribbean
Executing Agencies
Ministry of Economic Development
GEF Period
GEF - 1
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
4,056,250
GEF Project Grant
3,983,719

Timeline

Concept Approved
01 Apr 1997
Project Approved for Implementation
27 May 1999
Project Closed
07 Jan 2012