Baobab+ Mali

Microcred Mali is part of Microcred Group, a digital finance company focusing on financial inclusion in Africa and China. Microcred Mali offers financial services to emerging client segments particularly the unbanked. Microcred Mali has deployed a cost-effective model to address the issue of micro & SME financing globally.

Project Description

Baobab+ is offering a first leasing experience for solar energy products that is based on energy savings realized through PAYG financing to customers.

Key Innovations

Thanks to the PAYG technology and key code system, the company can offer clients more flexibility in their payments (daily, weekly, monthly...). Baobab+ also has developed a unique methodology in the PAYG sector to manage the lending risk that has started to become a problem in the sector. Another innovation is the Pluse scoring analysis developed by Microcred, to offer cash loan to their PAYG clients. Also, being an MFI using PAYG Energy to reach more rural clients and increase financial inclusion is innovative!