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In the Philippines, two cooperative housing groups in Luzon and Visayas Regions and one consumer cooperative in the Mindanao Region are set to adopt business micro financing models that IIEC developed. This initiative is envisioned to facilitate the creation of a new distribution channel for energy efficient lighting (EEL) products. This activity which is titled Design and Implementation of EEL Micro Financing Model is being implemented for the Philippine Efficient Lighting Market Transformation Project (PELMATP) of the Philippine Department of Energy (DOE).

 

The expected output is a micro financing/ business model scheme that will facilitate procurement and distribution of EEL products through the said sector.  To achieve this, IIEC plans to: (1) Conduct inventory and assessment of existing consumer cooperatives for the purpose of identifying the type of cooperatives that can participate in EEL micro financing and determine their capacity building needs; (2) Develop the appropriate EEL Micro financing model(s) suitable for consumer cooperatives; (3) Conduct regional consultations with consumer cooperatives and provide the training to capacitate the cooperatives to participate in the micro financing model developed. A set of criteria will be developed to select the most suitable training sites; (4) Negotiate financing bulk procurement arrangements with EEL suppliers (importers and manufacturers) and; (5) Implement the micro financing models in three (3) cooperatives in the country preferably one each in Luzon, Visayas and Mindanao.

 

For further information, contact Lei Dealino at This email address is being protected from spambots. You need JavaScript enabled to view it..