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STIMA LOAN


Period
2012 - ongoing

Implementing agencies
AFD

African partners
Government, Other public body

Names of African partners involved
Government of Kenya; KPLC

Donor involvement (incl. IOs)
Multi-donor, Multilaterals involved, Bilaterals involved

Names of donors involved (incl. IOs
EU; AFD

Geographical scope
Country

Countries where active
Kenya

Sectors
Electricity, Energy Efficiency

Sub Sectors (Electricity)
Electricity system

Type of intervention

Type of technical assistance
Policy support / institution building, Project preparation / implementation

Gender focus
No

Climate focus
No

Type of financing
Debt

Main objectives
The project aims to contribute to economic development, the improvement of living conditions for households and the reduction of inequalities. The specific objectives of the project are: to contribute to increasing access to electricity by making the cost of connection to the electricity network more affordable; control the increase in peak electrical demand; and increase the density of transformers on the distribution network.

Main activities
The project supports a key financing mechanism (Stima Loan) set up by the Kenya Power and Lighting Company (KPLC). Stima Loan allows KPLC to advance to households 70% of the connection cost, which is refunded to KPLC by the consumer over a period of 2 years.

Comments

Sources
https://www.afd.fr/fr/promotion-de-lacces-lelectricite-stima-loan

Contact information
afdnairobi@afd.fr

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