Targeted Assistance to Energy Access Companies Grappling with Pandemic-related Disruptions

Targeted Assistance to Energy Access Companies Grappling with Pandemic-related Disruptions

$56.3M Total Amount Disbursed

97 Companies Received Funding

3.9M+ Metric Tons of CO2 Emissions Avoided

23K+ People Employed with 34% Women

The Fund

The Energy Access Relief Fund (EARF) is a pioneering initiative that offers subordinated, unsecured, and low-cost subsidized loans to energy access companies facing liquidity challenges due to the impact of COVID-19. With a focus on smaller to mid-sized companies serving bottom-of-the-pyramid consumers, the EARF provides crucial financial support during these challenging times. The fund has allocated around 121 loans, primarily targeting amounts below $1 million, ranging from $50,000 to $2.5 million. Since its official launch in September 2021, the EARF has received over 850 applications from sub-Saharan Africa and Asia Pacific. SIMA has streamlined the underwriting process, ensuring swift disbursal of funds, with the fastest loan disbursed within just 7 weeks from the start of due diligence. The application process involves two phases of evaluation against eligibility and underwriting criteria, allowing for efficient assessment of applicants.

Our Investors

Our Portfolio Logos

Showcasing the power of collaboration and purposeful investing, our portfolio logos represent our esteemed partners driving impactful change alongside SIMA Funds.

Hear From Our Investees

Hear from our investee companies as they share their inspiring testimonials, highlighting the transformative impact of SIMA Funds in empowering communities, driving sustainable development, and creating lasting change.

We’re not accepting applications for this fund at the moment.

This fund is closed. However, if you have any questions, or feedback, or require assistance, please don’t hesitate to get in touch with us. We’re here to help and look forward to hearing from you.