Innovation in Africa
Safaricom Limited in partnership with M-Kopa launched the first ever GSM enabled pay-as-you-go solar solution in the world that customer pay for using mobile money. Using embedded Safaricom enabled sim cards, M-Kopa Solar allows a customer to enjoy the use of a d.light solar home system, while paying daily installments of Kshs. 40 (approx. £0.40) via M-Pesa for a period of one year. An initial deposit of Kshs. 2,500 applies (approx. £250), following which customers pay for usage at their convenience.
Punam
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