SEEREP loan scheme

SEEREP Loan Scheme

A loan scheme offering affordable credit to small and medium enterprises with group turnover of less than SCR 6m per year with the aim of encouraging the adoption of energy efficient products and renewable energy technologies.


  • All types of businesses investing or engaging in energy efficiency and renewable energy related projects
  • Purpose restricted to purchase of certified energy efficient products or adoption of renewable energy technologies such as photo-voltaic panels for generation of electricity
  • Amount: up to SCR 150,000 maximum
  • Interest rate: 5% p.a.
  • Personal contribution:
    • Where total cost is SCR 75,000 or less, no contribution
    • Where the total cost is more than SCR 75,000, minimum 2.5% of total cost
  • Processing fee: 0.25% of loan amount
  • Repayment period: 5 years maximum
  • Security:
    • Where loan amount is SCR 75,000 or less, no security required
    • Where loan amount is more than SCR 75,000, 100% of loan amount