M-Kopa

M-Kopa offers a financing option for poor households that makes it possible to get a solar power connection even without having big savings. For a solar kit, an advance payment of approx. 35 US dollars is required. Using the mobile banking app M-Pesa, each customer then pays a daily rate of a few cents per day for one year. The digital solution allows M-Kopa to activate or deactivate each solar kit when customer start or stop payments. The company has now connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with more than 500 new homes being added every day.
Kitovu Technology Company
Mamalette
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