Providing consumer financing for solar powered lighting and appliances.
Easy Solar is an innovative distribution energy service company transforming the way off-grid communities live, work and play by providing consumer financing for solar-powered lighting and appliances to households and entrepreneurs.
Project Description
Easy Solar is making solar related products accessible and affordable to remote and low-income households and micro-enterprises through a tiered PAYG financing solution, backed by credit scoring and based on customer data to make its products accessible to rural customers.
Key Innovations
Easy Solar’s tiered PAYG financing solution is backed by credit scoring based on customer data to make its products accessible to rural customers. This is very innovative in Sierra Leone. It allows the company to get to know its customers (and v.v.) and creates customer density thus making Solar Home Systems and other products accessible and affordable to remote and low-income households and micro-enterprises.