Member - MPower Ventures
MPower finances and distributes affordable solar kits in emerging markets via a B2B partnership model.
About
Via a highly scalable B2B partnership model, MPower provides connectivity and affordable, reliable solar products to off-grid and under-electrified households and SMEs in emerging markets, starting with Sub-Saharan Africa.
We do so by partnering with local entrepreneurs and providing them with sourcing support, state-of-the-art software and micro-financing solution.
We enable our customers to power their homes and businesses independently from the electricity grid or fossil fuel-based electricity production systems in Sub-Sahara Africa. Our product portfolio is aimed at households and small and medium enterprises in the retail and agricultural sectors. Households and businesses can use MPower's solar systems to power their radios and TVs, charge their mobile phones and light their homes.
We offer our valued customers mobile payment solutions as well as “lease-to-own” financing of up to 24 months. MPower’s business is based on local partnerships: We are scaling-up by partnering with local entrepreneurs and businesses offering them a powerful combination of software, hardware and finance.
MPower identifies, qualifies and finances local business partners enabling them to grow their business while solving critical energy issues in their communities. With an MPower partnership everyone gains: Local partners can grow their business, end customers get access to clean affordable energy and MPower can bring its solution to more clients.
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Headquarters 8005 Zurigo, Svizzera
SDG’s of application
The Sustainable Development Goals are a call to action to end poverty, protect the planet and ensure peace and prosperity everywhere.
SDG 6
Clean Water and
Sanitation
Sanitation
SDG 7
Affordable and
Clean Energy
Clean Energy
SDG 9
Industry, Innovation
and Infrastructure
and Infrastructure
SDG 11
Sustainable Cities
and Communities
and Communities
SDG 12
Responsible Consumption
and production
and production
Offers from MPower Ventures
Other products
MPower's portfolio consists of affordable and high quality solar bundles (solar panel, lithium battery and energy efficient appliances). Solar kits of different sizes cover different market segments, from BOP lighting-only to productive use appliances (e.g. SmartSprayer, solar pumps, etc). To ensure affordability, Mpower's products are sold together with a lease-to-own solution, for which end-users can pay for the system in regular instalments up to 36 months.
Visit company website
Available inZambia, Cameroon, Togo, Categories of applicationAffordable and clean energySector of applicationClean energy production
Status
Implemented
In order to fully unlock the potential of solar energy, MPower needs to combine finance and technology. Through this software, we fully digitizes our partners' operations (CRM, orders) and allow for scale-up. In addition, the software collects relevant data on end-users, which will be used to a) manage credit risk and b) improve their financial inclusion by allowing them to access a bank account
Visit company website
Available inZambia, Cameroon, Togo, Categories of applicationAffordable and clean energySector of applicationClean energy production
Status
Implemented
