Under scenario 1 Sample Clauses

Under scenario 1. MFIs Responsibilities of MFIs: ▪ Develop, offer and manage new financial products, with low interest rates and adapted duration and modalities, to support REN adoption ▪ Set up partnerships with reliable REN suppliers ▪ Clearly define with partner REN suppliers what their respective responsibilities are in installation and maintenance of the systems. ▪ Ensure promotion of solar energy solutions towards target populations. What MFIS? ▪ All MFIs should be eligible to the national solar energy program as long as they meet minimum standard requirements concerning good governance, transparency and financial sustainability. ▪ The provision of microfinance in remote areas of Indonesia is very limited. The development of rural microfinance products and services for both farm and non farm activities is indeed very challenging because of income seasonality and higher operational costs. Microfinance practitioners, among them PlaNet Finance, are defining rural microfinance as one of their top priorities and advocating for its integration in food security policies. Successful MFIs in this field will be the perfect vectors for disseminating REN technologies. ▪ In Bangladesh, the IDCOL model implies that MFIs are capable to pre-finance the installation costs of solar energy material, since IDCOL only provides the subsidized funding after SHS have been installed and checked. This procedure implies that MFIs manage to access other sources of funding for pre-financing the systems. It is important to assess whether MFIs in Indonesia would have the capacity to mobilize external funding in this perspective, and which of them would manage to do so. ▪ Financial and technical needs of MFIs: ▪ Subsidized financial resources to develop specific credit lines for REN equipment at a low interest rate. ▪ Technical assistance for developing adequate financial products for solar energy access.
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Related to Under scenario 1

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  • Utilization Scale STATE shall scale logs or portions of logs that are broken, wasted, or not removed by PURCHASER due to: (1) improper felling or bucking of the logs; (2) failure to remove the logs prior to deterioration; and (3) logs remaining on the timber sale area after completion of logging, provided the logs were merchantable prior to breakage or wastage. Material used to meet down material requirements in the section titled, "Reserved Timber," shall not be considered for utilization scale. PURCHASER shall pay for the logs at the contract price designated in Section 44. STATE shall notify PURCHASER of the volume of logs so scaled. Payment shall be considered due on such volume as if the logs were removed on the date of said notification. In the event PURCHASER disagrees with the findings made by STATE under this section, PURCHASER may furnish scaling by a third-party scaling organization acceptable to STATE. Costs and expenses of such third party shall be paid for by PURCHASER, and the findings of the third party shall be final.

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