MicroEnergy Credits (MEC)

MicroEnergy Credits provides capital to MFIs for microloans to poor people looking to adopt clean energy alternatives. MicroEnergy Credits has developed a unique capability to capture and sell the carbon emission reductions derived from clean energy microloans. With every household that adopts clean energy, MEC and the microfinance institution earn carbon offset revenues.

Website:

http://microenergycredits.com/

Amount:

$100,000

Interest Rate:

Term:

3 years

City:

Seattle

State:

Washington

Country:

United States

Region:

North America

Type:

Convertible Debt

Status:

Non-performing active investment

Portfolio:

Aligned

Pool:

Direct Investments