NEWS
AFD launches new financial product to promote energy efficiency for SMEs in Paraguay
05/03/2022 Since 2 years
Paraguay’s Development Finance Agency (AFD) has presented a new credit instrument to provide long-term financing to small and medium-sized enterprises (SMEs) to promote the development of energy efficiency projects.
The loan may cover up to 100% of the value of the project, with a repayment term of up to 15 years, and a grace period of up to 2 years. The maximum loan amount for each beneficiary will be USD 1,500,000 or its equivalent in local currency, with a rate of 5.25% in local currency and 3.95% in dollars.
Eligible items for potential financing include technology in solar water heaters, air conditioning/chambers and refrigeration systems, boilers/furnaces/heating systems, insulation systems, lighting systems, among others.
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