SIMA Angaza Distributor Finance Fund
A data-driven investment fund providing access to debt capital for clean energy distributors in developing markets.
Leveraging Angaza’s Data-Rich PAYG Software with SIMA’s Investment Expertise
With permission from interested Angaza distributors, the DFF combines SIMA’s underwriting technique with data from the Angaza Hub to assess eligibility for funding, reduce the duration and complexity of due diligence, and monitor and report on loans.
Closing the Financing Gap for High Potential Distributors
While investments in the off-grid sector increased by 20% from 2017 to 2018, the growth rate falls short of meeting the $5.7 billion needed until 2022 to sufficiently accelerate the sector. This dearth of funding especially impacts distributors selling life-changing products on a pay-as-you-go basis. These distributors need capital to fill the cash flow gap they experience by virtue of receiving installment payments over time instead of the full price of the product at the point of sale.
By providing debt capital to traditionally overlooked distributors, the data-driven DFF accelerates the growth of the off-grid energy sector while increasing access to life-changing products for families across developing countries.
The Global Distributors Collective’s first-of-a-kind report highlights the DFF and the vital role of these distributors in creating markets for beneficial products and effectively reaching last mile customers. It contains a wealth of new data and insights and provides tangible recommendations for stakeholders on how to engage with and support the sector.