How Flexible Financing, Solar Panels and Data Could Be Key to Financial Inclusion

Photo: How PAYGo solar works. Source: FIBR Project

Photo: How PAYGo solar works. Source: FIBR Project

FIBR's Briefing Note, “PAYGo Solar: Lighting the way for flexible financing and services” examines four key industry challenges from a financial inclusion perspective that serve as the foundation for FIBR’s PAYGo solar learning agenda: 1) unlocking local capital; 2) building data-driven financial operations; 3) tackling customer payment frictions; and 4) driving smarter agent network management. FIBR expects to conduct research and make project investments aligned with these four industry challenges in the sector. FIBR is currently working with CGAP to explore how PAYGo solar fits into the financial lives of low-income consumers across Africa. More...

Download the FIBR Briefing Note here.

The author, Jacob Winiecki, a senior associate at BFA, is an off-grid energy and digital finance specialist.