M-Kopa Solar

M-Kopa Solar has established an innovative system to make life-changing energy solutions affordable to low-income customers.


 

 
MkopaIII_Aug14_743-2.jpg

Sector: Renewable energy

In portfolio since: 2011

Location: Kenya

The M-KOPA payment system based upon a pay-as-you go basis using mobile payments helps low-income consumers purchase products easily without a high upfront cost and utilizing their savings on kerosene.

After five years the company has provided over 400,000 customers with a solar-powered home system and is venturing into new products such as televisions. It has also provided over 160,000 positive references to the Kenyan Credit Bureau.

500.000 homes connected to affordable solar power

dob-equity-mkopa-impact.jpg