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In Kenya, where around 77% of the population has no access to electricity, M-Kopa’s pay-as-you-go solar-power machines require no installation and not even a bank account. Since M-Kopa launched in 2013, about 200,000 households in East Africa have leased its devices, paying minimal amounts daily for power (often via smartphone through ­M-Pesa) and junking other, more toxic power sources like kerosene burners. The model is “eminently scalable,” co-founder Jesse Moore said recently. “We’re really just getting started.”

Company Info

Sector
Technology
Industry
Semiconductors
Country
Kenya
Revenues ($ millions)-
Company type
Private
CEO
Jesse Moore
Websitehttp://www.m-kopa.com
Impact Segment
Economic Opportunity/Financial Inclusion

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