Updated Mar 01, 2018

Fenix

ReadyPay Power

http://www.fenixintl.com
Dsc 3151 daniel willette

Daniel Willette

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Snapshot

Stage 5: Scaling

Focus Areas:

Distributed Generation Systems, Energy Service, Metering & Payment Systems, Solar and 2 MoreSEE MORE

Distributed Generation Systems, Energy Service, Metering & Payment Systems, Solar, Digital Finance and Human Centered DesignSEE LESS

Implemented In:

Kenya, Uganda and Zambia

Kenya, Uganda and ZambiaSEE LESS

780,000
Lives Impacted to Date
3
Countries Implemented In
Verified Funding

Innovation Description

Fenix International's flagship product,ReadyPay Power, is an expandable, lease-to-own solar home system providing lighting, phone charging, TV, and radio, financed through affordable installments over mobile money. We combine rich customer paymenthistories with additional data sources to create a cutting-edge credit score that enables those living off-grid toaccess both power upgrades and other life-changing loans.

Milestones

Sep 2017
Recognition
Featured Innovator
Nov 2016
Date Unknown
Launched
Date Unknown
Date Unknown
Date Unknown
Lives Impacted
780,000