Pay-as-You-Go Solar for Poor Customers

Two of the greatest success stories in digital finance are the rise of digital credit and the surprising growth of PAYGo solar. Yet both products complicate the traditional idea of what credit to the poor should look like, namely that it should only be for productive uses. 

From March through May of 2017, researchers from a CGAP, FIBR, and Mastercard Foundation joint project interviewed almost 140 households about PAYGo solar, their finances, and the intersections between the two. This blog series explores the customer’s perspective on asset loans, lifestyle improvements, and how very poor households are able to afford them.


[Publication] Escaping Darkness: Understanding Consumer Value in PAYGo Solar

posts in this series

28 November 2017
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Averaging $0.40 a day, pay-as-you-go solar energy is affordable for many people — but not everyone. We looked at the costs and benefits of several tactics providers have used to make solar affordable for low-income households.
07 November 2017
Research in Cote d'Ivoire, Ghana, Kenya and Tanzania reveals some of the top reasons pay-as-you-go solar borrowers stop repaying their loans.
A Fenix customer repays their solar home system loan using mobile money.
19 October 2017
Pay-as-you-go solar lenders have developed a uniquely flexible financial product that benefits low-income customers with erratic incomes.
Solar lamp
05 September 2017
What's the value of lighting a home? For many low-income pay-as-you-go solar customers, it is not necessarily about saving money or generating income.