MicroEnergy Credits (MEC)

MicroEnergy Credits provides capital to MFIs for microloans to poor people looking to adopt clean energy alternatives. MicroEnergy Credits has developed a unique capability to capture and sell the carbon emission reductions derived from clean energy microloans. With every household that adopts clean energy, MEC and the microfinance institution earn carbon offset revenues.

 

Amount:
$100,000
Interest Rate:
8%
Term:
3 years
City:
Seattle
State:
Washington
Country:
United States
Region:
North America
Type:
Convertible Debt
Status:
Non-performing active investment
Portfolio:
Transitional
Pool:
Direct Investments