M-KOPA was founded in 2010 on the idea that combining digital micropayments with GSM connectivity could provide affordable access to life-enhancing products. Since then, we''ve built a financial platform that has deployed over $1.5 billion in credit and enabled over 5 million customers across five countries - Kenya, Uganda, Nigeria, Ghana and
their own power on their own rooftops." – Jesse Moore, co-Founder, M-KOPA. Introduction . In mid-2018, Nick Hughes, Jesse Moore and Chad Larson were reflecting on M-KOPA, the pay-as-you-go solar energy company they founded. Launched in Kenya in 2012, for-profit M-KOPA set out to address the demand for affordable and reliable off-grid energy.
In just under three years M-KOPA Solar has provided affordable energy to over 200,000 homes in Kenya, Tanzania and Uganda. They have been so successful that in some cases those who were previously off grid have been supplying
M-KOPA is the market leader in developing and selling ''solar home systems'' (SHSs) (i.e. off-grid electricity) to rural consumers in East Africa on favorable credit terms. Once the SHS has been paid for it can be used as collateral for further credit sales from M-KOPA, for example water tanks, fuel-efficient cook stoves and other productive
M-KOPA Solar addresses this challenge. The company was founded in 2011 by former executives behind M-PESA, the world''s leading mobile payment platform. It uses an innovative approach to give low-income households in East Africa access to power: it combines mobile payments with GSM sensor technology to enable households to buy a solar home
M-Kopa Solar, Prices, Branches, Agents & Contacts It has been more than ten years since M-KOPA pioneered and launched the M-Kopa Solar, Prices, Branches, Agents & Contacts | Techpawa M-Kopa IV solar home
M-KOPA began their pilot in October 2012 with a product bundle that included a solar panel, three lamps and a kit for charging phones. Customers made an initial deposit of KES2500 ($25 at the time), with subsequent daily instalments of KES40 (about 40 cents at the time) via MPesa.
Find out why M-Kopa is on the list. TIME100 Most Influential Companies 2024 the startup—which also provides daily-wage earners with loans for home solar systems and e-bikes as well as health
At M-KOPA our mission to finance progress guides the work we do. We strive to serve our customers and show-up for each other everyday based on our core values of Progress, Excellence and Humility. Products. Smartphones Digital Loans Bundled Services Mobility. Impact Newsroom. Company.
M-KOPA 5 Solar Home System: Ideal for basic needs, this package includes an 8W solar panel, LED bulbs, a torch, a control unit with a lithium battery, a radio, and phone charging cables. It''s an affordable entry point into solar power, requiring a deposit and daily payments over a year .
US $10 million investment in M-KOPA will help bring solar power to a million more low-income African homes. Read more. August 1, 2023 FinDev Canada announces US$ 20 million commitment to M-KOPA to support connectivity and access to finance in Sub-Saharan Africa. Press Release FinDev Canada is happy to announce a commitment of US$ 20 million in
US $10 million investment in M-KOPA will help bring solar power to a million more low-income African homes. Read more. August 1, 2023 FinDev Canada announces US$ 20 million commitment to M-KOPA to support
M-KOPA may be growing as evidenced by its expansion into new markets and recognition for its rapid growth. The company has launched pay-as-you-go solar solutions in South Africa and officially launched operations in Ghana after a successful pilot, indicating geographic expansion. Additionally, M-KOPA has unlocked $10 million in credit for
M-Kopa, which pioneered a pay-as-you-go-model for solar panels and smartphones in east Africa, has raised more than $250mn in debt and equity in one of the largest fundraisings by an African
M-Kopa (M for mobile, kopa is Swahili for borrow, stylized as M-KOPA) [1] is a UK-headquartered emerging maket fintech platform that provides affordable smartphones and digital financial services. [2] [3] M-Kopa was launched commercially in 2012 and is headquartered in London.The company is currently operating in Kenya, Nigeria, Ghana, Uganda and South Africa.
M-KOPA''s products include smartphones, electric motorcycles and solar power systems, which customers can pay for in small instalments over time, using their mobile phones. The products are embedded with credit through a smart digital connection, giving customers instant ownership and access to essential services.
Using the pay-as-you-go model popularised by mobile phones, a remarkable Kenyan company, M-Kopa Solar, is providing rent-to-own solar energy products that will help provide cheap solar power to
The solar TV is part of M-KOPA''s strategy to add more lifestyle products to its inventory while maintaining the focus on solar energy. The TV integrates with M-KOPA''s setup, meaning that customers can hook it up to their existing connection.
Aujourd''hui, nous portons notre regard sur le Kenya et plus précisément sur la startup M-Kopa Solar, une startup fondée en 2012 dont le but est de fournir aux populations non desservies par les réseaux nationaux d''électricité, des installations solaires domestiques. Le fonctionnement est simple et peu coûteux.
M-KOPA offers solar-powered lighting and charging systems to off-grid communities in rural Kenya through a pay-as-you-go model that allows customers to make affordable payments toward use and final ownership.
M-Kopa, which pioneered a pay-as-you-go-model for solar panels and smartphones in east Africa, has raised more than $250mn in debt and equity in one of the largest fundraisings by an African
Des chiffres à faire rougir d''envie n''importe quelle start-up en quête de croissance exponentielle : « nous enregistrons en moyenne 15.000 nouveaux clients par mois», explique Chad Larson, le directeur financier et cofondateur de M-Kopa, durant la visite des locaux de sa start-up, à Nairobi.A quelques centaines de mètres de là se trouve le iHub, l''espace
住友商事株式会社(本社:東京都千代田区、代表取締役 社長執行役員CEO:兵頭 誠之、以下「住友商事」)は、未電化地域の生活環境改善と新たな分散型電源事業への参入を目的に、サブサハラにおいてSolar Home System((注1)以下「SHS」)の販売事業を展開するM-KOPA Holdings Limited社(本社
Its model combines mobile money payment platforms and global mobile communications technology to offer innovative asset financing of solar home systems on an affordable, one-year payment plan. M-KOPA has the broadest distribution of mobile-connected solar systems in Kenya and is already capturing large quantities of solar panel voltage data.
M-KOPA MAKES HIGH-QUALITY SOLAR AFFORDABLE FOR EVERYONE M-KOPA Solar is the global leader of pay-as-you-go energy for off-grid customers. Headquartered in Nairobi, Kenya and with operations throughout Kenya, Uganda and Tanzania, we have enabled over 100,000 East Africans to switch from high-cost kerosene to affordable, renewable solar power (in less
M-KOPA''s products include smartphones, electric motorcycles and solar power systems, which customers can pay for in small instalments over time, using their mobile phones. The products are embedded with credit
M-KOPA Solar''s Chief Executive Officer and Co-Founder is Jesse Moore. Other executives include Nick Hughes, Chief Product Officer and Co-Founder; Pauline Vaughan, Senior Advisor Technology and 8 others. See the full leadership team at Craft.
M-KOPA 5 Solar Home System: Ideal for basic needs, this package includes an 8W solar panel, LED bulbs, a torch, a control unit with a lithium battery, a radio, and phone charging cables. It''s an affordable entry
M-kopa was established in 2010 as a lending business model that combined the power of digital micropayments with IoT (Internet-of-Things) connectivity to make financing of solar services and other household products more accessible. M-kopa is a connected asset financing platform that offers millions of under-banked customers'' access to life
M-Kopa是一家由 牛津大学 毕业生创建的,在 东非三国 (肯尼亚/坦桑尼亚/乌干达)开展家用太阳能"按需付费"(Pay-as-you-go) 租赁服务的公司。 它不仅帮助许多"离网(off-grid)"的家庭得到了实实在在的用电便利,也
The solar TV is part of M-KOPA''s strategy to add more lifestyle products to its inventory while maintaining the focus on solar energy. The TV integrates with M-KOPA''s setup, meaning that customers can hook it up to
Green M-KOPA''s sustainability driven business approach has achieved great results for our environment and helped customers find more environmentally friendly products. To date M-KOPA has provided solar home systems to 1 million customers, offsetting 2.1M tonnes of CO2 and providing healthier homes for our customers.
Using the pay-as-you-go model popularised by mobile phones, a remarkable Kenyan company, M-Kopa Solar, is providing rent-to-own solar energy products that will help provide cheap solar power to rural homes. The M-Kopa IV Solar Home System includes a solar panel, control unit, three low-energy LED light bulbs (one of which is [...]
This article is more than 8 years old. Using the pay-as-you-go model popularised by mobile phones, a remarkable Kenyan company, M-Kopa Solar, is providing rent-to-own solar energy products that will help provide cheap solar power to rural homes.
M-Kopa -- which calls itself "the world’s leading pay-as-you-go energy provider to off-grid homes" -- estimates it has saved $206-million for the 300,000 households and businesses that use its products, while giving them 34 million hours of kerosene-free lighting a month.
M-Kopa expanded from its east African base to Nigeria in 2021 and has more recently started operations in Ghana. It is testing the market in South Africa and also running pilot projects to finance electric motorbikes as part of a new e-mobility strategy.
For a deposit of $35, buyers get the system then make 365 daily payments of $0.43 through mobile money system M-Pesa. When it is all paid off, the system belongs to the buyer outright. M-Kopa has sold about 300,000 units in Kenya, Tanzania, Uganda and Ghana. It sells 500 units a day and it aims to sell 1-million M-Kopa systems by the end of 2017.
It employs 650 people in the four countries and a further 1,000 field agents. This seems like a small number against the backdrop of Africa's 1.1-billion population, but M-Kopa is a great example of disruption, not in the technology space but at the business model level.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.