Lives impacted by clean, modern energy services
Individuals connecting to the internet for the first time
Tonnes of CO2 avoided from entering the climate
Moreover, access to solar-powered energy contributes more than to wellbeing alone. Most M-KOPA customers report that children’s education improves, as 55% cite increased study-time at home with bright lighting, and nearly 40% note women are the primary beneficiary of solar that empowers them with access to critical, informative content through TV and/or radio.
[M-KOPA] saves my time, my money. Now I spend time with my kids helping them to do their homework…
Customers unlock financing to own their futures with PAYG financing for high-quality products and services that improve quality of life. Solar provides light to keep businesses open for longer, while phones connect micro-merchants with suppliers, customers and the wider world for business and upskilling.
Customers acknowledge that their M-KOPA product enables them to support incomes, whether that is getting a new job, working longer hours, or supporting a business. By unlocking nearly $500 million in loans for customers, customers have gone on to generate more than $112 million in income for local economies and $478 million in savings for household budgets. Moreover, to further reach customers, M-KOPA supports more than 7,000 Direct Sales Agents to earn stable incomes in the fast-growing tech sector.
M-KOPA helps me get clean and bright light, while paying less than I did for kerosene. Now I have more money at the end of the week to spend on my family.
Smartphones and TVs are gateways for customers to access knowledge and information previously out of reach.
While 75% of people in Sub-Saharan Africa remain unconnected to the internet – our innovative financing model unlocks access to mobile internet, with 50% of customers reporting first-time internet use. Now customers enjoy the benefits of being online and use technology confidently to improve their day-to-day lives.
Empowering nearly 3.7 million individuals with assets to enable climate resilience in Africa, safeguarding our planet and climate for generations to come.
Access to PAYG Solar has enabled millions of customers to cease emitting 2 million tonnes of carbon dioxide and black carbon into the environment, while introducing more than 300,000 energy-efficient appliances into previously off-grid homes. Moreover, customers’ e-waste recycling has, in turn, given a second life to refurbished phones and solar systems through circular economy principles – inviting over 60,000 more onto the PAYG pathway.
Around 87% to 90% of the returns are refurbished… We partner with e-waste management companies that process the e-waste in a healthy way…