Organization Details

Name: Off-Grid Market Development Fund (OMDF)

Description: The OMDF offers subsidies to distributors of qualified products. Participating companies receive a results-based financing (RBF) subsidy for each qualified solar product distributed in Madagascar, which is disbursed after the reporting and verification of sales. | The OMDF provides loans to different market participants who need funding for working capital or to refinance consumer credit. The OMDF’s loan facility supports the growth of off-grid solar distributors by focusing on working capital requirements for the commercialisation of inventory and for refinancing consumer loans.

HQ: Netherlands

ESG Category: None

Country Active: -

Financial Instrument: -

Organization Type: -

Projects: -

Organizations: -

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