Solar distributors remain challenged with limited working capital, high costs associated with import and transportation requirements and long-term consumer financing, limited low-cost distribution options and limited solar product awareness. SOBA is collaborating with a number of Sierra Leone distributors and international suppliers to overcome these challenges.
Sierra Leone voluntary sustainable finance principles: Sector-level guidance for financial institutions
This sector-level guidance supports financial institutions with the implementation of the voluntary sustainable finance principles. It is tailored for a diverse range of financial institutions – from microfinance lenders to larger commercial banks – and focuses on the “everyday” business of banking with micro, small and medium-sized enterprises (MSMEs) in Sierra Leone, covering the key sectors: agriculture, fisheries and forestry; construction; energy and energy efficiency; and value chains (e.g. manufacturing and wholesale/retail trade).