M-KOPA is awarded one of the African Enterprise Challenge Fund investments, under the “REACT” funding window for renewable energy services. M-KOPA was selected as one of 25 winners from over 300 East African companies that applied
M-KOPA makes high quality solar affordable for everyone. By offering the mobile installment method of paying for solar energy, the company has pioneered a better way to supply safe power to millions of off-grid homes.
M-KOPA Solar sells solar home systems on an affordable mobile money payment plan, with an initial $35 deposit, followed by 365 payments of 45 cents. After completing the payment package, customers own a world-class solar home system, with multiple lights, phone charging and a radio.