100%

funded

Total loan: $50,000

Ecoenergy

Flag of Pakistan
Karachi, Sindh, Pakistan / Retail

Ecoenergy's loan finished fundraising,
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A loan helped to distribute 400 pay-as-you-go solar systems in Pakistan.


Ecoenergy's story

EcoEnergy is devoted to last-mile distribution of electricity services into off-grid areas in Pakistan where 70 million people don’t have access to energy. Harnessing on pay-as-you-go technology(PAYG), they focus on customer sales, service, and credit assessment. EcoEnergy generates extensive data on un-electrified areas and identifies high-quality customers in order to market, sell and service solar solutions, while driving mobile money penetration. To date, they have sold 14,000 solar lanterns and have 500 customers being serviced by their PAYG solar home systems. EcoEnergy also creates strategic partnerships with lending institutions to help low-income community have access to finance.

EcoEnergy provides energy services to power lights, phones, fans and TVs. In addition to serving households, their target customers also include small business owners that spend at least 100PKR a day and use the electricity they purchase as a revenue generating asset to grow their businesses. With your help, Eco Energy plans to efficiently build inventory to distribute 400 additional solar home systems, thus serving 400 households.