Lenders to both community businesses and farmers see many risks in offering financial products to smaller opportunities. Businesses themselves may lack knowledge on finance products and be risk adverse to borrowing.
Many energy providers can be more proactive in supporting businesses to use PUE but a cross-sectoral approach is required, as well as more commitment.
What approaches to financing community businesses can connect different finance supply programmes, to better target and local business types that use energy? How can these address differing perceptions and the needs of women-led versus male-led businesses?
This online IIED Debates event, on Monday, 30 November, partners with Tanzanian organisations TANGSEN, Solar Sister, and gender and energy network ENERGIA with Hivos to explore the trends in financing community businesses using energy in Tanzania, and in sub-Saharan Africa more largely.
Thabit Mikidadi is the program and communications manager at Tanzania Gender and Sustainable Energy Network (TANGSEN).
Sheila Oparaocha is international coordinator and programme manager at ENERGIA.
Fatma Muzo is the country director at Solar Sister in Tanzania.
Kevin Johnstone is a researcher in IIED’s Shaping Sustainable Markets research group.
Winnie Terry is the executive secretary of the Tanzania Association of Microfinance Institutions (TAMFI).
Halidi M. Mbwana is the investment and facilitation officer at the National Economic Empowerment Council (NEEC).