Abstract: In many developing countries, including Morocco, there is still a high dependence on traditional biomass fuel in rural areas, which has many negative consequences, such as deforestation, greenhouse gas emissions, health issues and gender inequality. Liquid Petroleum Gas (LPG) represents a safe and clean alternative to traditional energy sources. The “Liquid Petroleum Gas Rural Energy Challenge” was launched in six pilot countries as a partnership between the United Nations Development Program (UNDP) and the World LP Gas Association (WLPGA) with the aim of providing access to clean energy through use of LP Gas, improving standards of living in rural areas and creating a viable and commercially sustainable LP Gas market. In Morocco, the programme, launched in 2005, was coupled with a microfinance initiative aimed at financing new or existing LPG-based businesses. Three LP Gas operators contributed funds and technical assistance to the initiative and a microfinance institution, the Zakoura Foundation, joined to manage the loan process. Click here to read more…
Case Study on Microfinance for Liquefied Petroleum Gas
Filed under Assorted, Industry Specific Cases
