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.