M-KOPA is a Nairobi-based, off-grid solar energy company, which makes residential power systems affordable and accessible to low-income, off-grid customers through a mobile payment-based lease-to-own model. The foundation participated in a receivables-backed loan facility to support growth, demonstrate the creditworthiness of low-income customers, and explore the potential of additional financial services on M-KOPA’s asset-based credit platform. M-KOPA repaid the foundation’s loan in 2017.
Investment Exit Year: 2017