Empowering Communities with Clean Energy and Financial Inclusion

Empowering Communities with Clean Energy and Financial Inclusion

4.4M Households Impacted

16.4M Tons of CO2 Emissions Avoided

29.99M Off-grid Solar Products Sold

22K+ People Employed with 36% Women

The Fund

SIMA’s Off-grid Solar Fund I has proven to be a trailblazer in the off-grid solar sector, boasting an impressive USD 90 million fund. This pioneering initiative successfully brought together both public and private sector investors, providing crucial debt financing to foster the growth of off-grid solar companies and microfinance institutions offering solar products. Over the course of four years, this visionary fund has empowered leading companies to significantly expand their reach and make a lasting impact across Sub-Saharan Africa and South Asia. Particularly noteworthy is its instrumental role in supporting solar home system companies in introducing pay-as-you-go (PAYG) offerings in untapped markets, while also facilitating the broader involvement of microfinance institutions in delivering off-grid solar solutions to their customers.

The milestones achieved thus far by SIMA’s Off-grid Solar Fund I are truly remarkable. With more than 4.4 million households directly benefiting from the fund, its impact on communities is tangible. Equally important is the positive environmental contribution, as the portfolio companies have collectively avoided an average of 5.4 million tons of CO2 emissions per year. Moreover, the fund’s establishment of a Code of Conduct has had a far-reaching influence, inspiring the GOGLA association’s adoption of a similar code that has garnered endorsement throughout the off-grid solar sector.

Our Investors

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Investing in a better tomorrow with our esteemed partners. Discover the driving forces behind our impactful and sustainable portfolio.

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.