Support flood recovery and relief efforts in Pakistan | Learn More

FINCA Supports Access to Clean Energy

Through our own programs as well as by working with partners, FINCA is expanding access to clean energy.

Energy Access and Poverty

Poverty and lack of access to modern forms energy often go hand-in-hand. The use of candles or kerosene for lighting and wood or charcoal for cooking has significant environmental and health impacts. In the communities in which FINCA works, people rely on these polluting fuels because they are not connected to the electrical grid or electricity is too expensive.

0 %

of the world population lives without access to electricity, and in sub-Saharan Africa the figure is more than 50%. ?

0 million

people die prematurely each year from illness attributable to the household air pollution caused by solid fuels and kerosene. ?

0 %

of the world does not have access to clean fuels for cooking, a primary risk factor for death from indoor air pollution.

How FINCA Supports Access to Clean Energy

FINCA is bringing affordable, high-quality and clean energy products to poor and low-income households. We place special focus on communities that do not have access to an electrical grid.

For most off-grid consumers, purchasing a home solar system is a significant decision and investment. That’s why FINCA only partners with solar manufacturers whose products have an internationally recognized quality assurance certification. We also ensure that products address client demands for durability, affordability, and ease of use. Leveraging know-how and experience in providing financial services in rural communities for nearly 40 years, FINCA also invests in the distribution, sale and financing of solar and clean energy products.

BrightLife Logo

BrightLife is a social enterprise that FINCA founded in Uganda to bring clean energy products to low-income communities.

Less than half Ugandan households have access to electricity. This forces many people to light their homes with kerosene and to cook over a three-stone fire. These technologies have been around for generations and emit toxic gases that harm occupants and always run the risk of starting house fires.

BrightLife offers access to solar home systems and efficient cookstoves, selling, financing, installing and providing customer support for the devices. These new technologies are safer, cleaner and ultimately cheaper than the open flames that people were using.

How Financial Inclusion Improves Access to Clean Energy

FINCA is bringing its decades of experience in financial inclusion to expand access to clean and sustainable energy. For many people, the biggest hurdle to switching to clean energy is the cost of system. Giving them access to financing allows them to purchase their new clean energy system and can set them on the path for even higher levels of financial inclusion.

BrightLife Logo

BrightLife’s pay-as-you-go (PAYGo) financing makes solar home systems affordable. People with few resources and little or no credit start off by making a down payment they can afford. Customers then make payments based on their usage until they own the system. Clients also build a credit history through PAYGo financing, allowing them them to open a bank account and access larger loans in the future.

Like all FINCA programs, BrightLife is committed to responsible finance and consumer protection. BrightLife sales agents transparently communicate product costs before making a sale. They ensure that every customer understands the product’s cash price as well as the full price paid if PAYGo financing is used.

Stories of Resilience

The Impact of Clean Energy

FINCA focuses its energy work in sub-Saharan Africa because that’s where energy poverty is most acute. 77% of all people living without access to electricity reside in Sub-Saharan Africa. The stories below demonstrate just how life-changing energy access can be in these communities.