Kenya – Mobile Startup’s Solar Alternative
A Kenyan mobile startup is searching to enhance the country’s photo voltaic energy systems by providing credit to low-earnings people to buy more energy-efficient electricity models that will normally they wont be able to afford M-Kopa Controlling Director Jesse Moore stated in a statement to reporters.
Based on the organization, they’ve offered some 1,000 models since beginning to give out the items in June.
Moore put in an interview with Bloomberg news agency that they’re wishing to achieve sales of “tens of thousands” of models in a year, he stated.
“We are providing people with a contemporary, cleaner and longer-lasting technology for under the things they would invest in oil or any other inefficient substitute,” Moore stated in the phone interview.
Based on M-Kopa, some 80 % of Kenya uses kerosene for lighting reasons consequent on the failure of the national power grid connecting more families and houses.
Frequent connection costs may cost a minimum of $412, that is a massive sum that many Kenyans just can’t afford.
M-KOPA stated they think that by providing the brand new products, it can help push poor people in the country into new area and raise the IT and electricity sector in the Country.
An England-based company Azuri Technologies, also provides similar pay-as-you-go models and wishes to distribute 4,000 such models through the end of the year.