Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion

The expansion of digital finance systems in the developing world has altered this financial context and enabled new business models that rely on small, regular payments. In the off-grid energy sector a group of solar companies, primarily in East Af...

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Main Authors:	Waldron, Daniel, Faz, Xavier
Format:	Brief
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	KEROSENE LAMPS FINANCIAL SERVICES RECEIPT CUSTOMER PEOPLE CELL-PHONE RECEIVABLES BUSINESS CASE FINANCING SOLAR HOME SYSTEMS TRANSACTION VOLUME INCOME ACCESS TO PAYMENT BUYER EXCHANGE CONSUMER GOODS CLEAN ENERGY EMISSIONS ENTRY POINT REPAYMENTS ASSET MENU BATTERIES BUSINESS MODELS PRICE OWNERSHIP CLEANER PAYMENTS CASH FLOWS NEW BUSINESS TELEVISION CONSUMER CHOICES HARDWARE INSTITUTIONS CURRENCY AIR POLLUTION ENERGY SOURCES SUSTAINABLE ENERGY SOLAR PANELS SOLAR HOME SYSTEM ELECTRIFICATION OPTIONS WATER MOBILE NETWORK FINANCIAL INSTITUTIONS PAYMENT DEBT FOREIGN EXCHANGE RISKS POLLUTION FINANCIAL PRODUCTS CONSUMER FINANCE LENDERS CUSTOMER SERVICE REGULAR PAYMENTS RADIO FINANCE CARBON EMISSIONS BANKS TRANSACTIONS PHONE TECHNOLOGY EQUITY TRANSACTION INVESTORS DISTRIBUTION CHANNEL AFFORDABILITY CAPITAL TRANSPARENCY RETAIL LOCATIONS FUTURE DIESEL GENERATORS POWER CASH PAYMENTS ELECTRICITY CREDIT NETWORKS RETAIL BANKS WORKING CAPITAL URBAN AREAS HOUSEHOLD DIVIDEND REPAYMENT REPAYMENT RATES INCOMES CREDIT HISTORIES CASH MANAGEMENT ASSETS DEFAULT FINANCE COMPANY FOREIGN EXCHANGE LOCAL CURRENCY OBSTACLES TO GROWTH RISK OF DEFAULT PROFITABILITY CREDIT RISK RESULT ACCESS TO ELECTRICITY MARKET SHARE SECURITY BUSINESS BUSINESSES NETWORK SHARE HOUSEHOLDS COLLATERAL FUEL REGULATORS INNOVATION REVENUE ELECTRIC GRIDS LENDING COMMUNICATION COOK STOVES BUSINESS MODEL FORM OF COLLATERAL FEES LEVERAGE CUSTOMERS PAYMENT POINTS DIESEL KEROSENE CREDIT HISTORY COMMODITY WEB SITE GROWTH POTENTIAL MONEY TRANSFERS SMALL BUSINESSES COST OF CAPITAL INNOVATIONS ENERGY COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26430470/digitally-financed-energy-off-grid-solar-providers-leverage-digital-payments-drive-financial-inclusion http://hdl.handle.net/10986/24566

id	okr-10986-24566
recordtype	oai_dc
spelling	okr-10986-245662021-05-25T10:54:39Z Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion Waldron, Daniel Faz, Xavier KEROSENE LAMPS FINANCIAL SERVICES RECEIPT CUSTOMER PEOPLE CELL-PHONE RECEIVABLES BUSINESS CASE FINANCING SOLAR HOME SYSTEMS TRANSACTION VOLUME INCOME ACCESS TO PAYMENT BUYER EXCHANGE CONSUMER GOODS CLEAN ENERGY EMISSIONS ENTRY POINT REPAYMENTS ASSET MENU BATTERIES BUSINESS MODELS PRICE OWNERSHIP CLEANER PAYMENTS CASH FLOWS NEW BUSINESS TELEVISION CONSUMER CHOICES HARDWARE INSTITUTIONS CURRENCY AIR POLLUTION ENERGY SOURCES SUSTAINABLE ENERGY SOLAR PANELS SOLAR HOME SYSTEM ELECTRIFICATION OPTIONS WATER MOBILE NETWORK FINANCIAL INSTITUTIONS PAYMENT DEBT FOREIGN EXCHANGE RISKS POLLUTION FINANCIAL PRODUCTS CONSUMER FINANCE LENDERS CUSTOMER SERVICE REGULAR PAYMENTS RADIO FINANCE CARBON EMISSIONS BANKS TRANSACTIONS PHONE TECHNOLOGY EQUITY TRANSACTION INVESTORS DISTRIBUTION CHANNEL AFFORDABILITY CAPITAL TRANSPARENCY RETAIL LOCATIONS FUTURE DIESEL GENERATORS POWER CASH PAYMENTS ELECTRICITY CREDIT NETWORKS RETAIL BANKS WORKING CAPITAL URBAN AREAS HOUSEHOLD DIVIDEND REPAYMENT REPAYMENT RATES INCOMES CREDIT HISTORIES CASH MANAGEMENT ASSETS DEFAULT FINANCE COMPANY FOREIGN EXCHANGE LOCAL CURRENCY OBSTACLES TO GROWTH RISK OF DEFAULT PROFITABILITY CREDIT RISK RESULT ACCESS TO ELECTRICITY MARKET SHARE SECURITY BUSINESS BUSINESSES NETWORK SHARE HOUSEHOLDS COLLATERAL FUEL REGULATORS INNOVATION REVENUE ELECTRIC GRIDS LENDING COMMUNICATION COOK STOVES BUSINESS MODEL FORM OF COLLATERAL FEES LEVERAGE CUSTOMERS PAYMENT POINTS DIESEL KEROSENE CREDIT HISTORY COMMODITY WEB SITE GROWTH POTENTIAL MONEY TRANSFERS SMALL BUSINESSES COST OF CAPITAL INNOVATIONS ENERGY COMPETITION The expansion of digital finance systems in the developing world has altered this financial context and enabled new business models that rely on small, regular payments. In the off-grid energy sector a group of solar companies, primarily in East Africa and South Asia, are leveraging digital finance to offer pay-as-you-go (PAYG) energy. This brief explains how digital finance is enabling PAYG energy expansion, which in turn provides a gateway to a range of financial products for the financially excluded. 2016-06-17T18:50:32Z 2016-06-17T18:50:32Z 2016-03 Brief http://documents.worldbank.org/curated/en/2016/06/26430470/digitally-financed-energy-off-grid-solar-providers-leverage-digital-payments-drive-financial-inclusion http://hdl.handle.net/10986/24566 English en_US CGAP Brief; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	KEROSENE LAMPS FINANCIAL SERVICES RECEIPT CUSTOMER PEOPLE CELL-PHONE RECEIVABLES BUSINESS CASE FINANCING SOLAR HOME SYSTEMS TRANSACTION VOLUME INCOME ACCESS TO PAYMENT BUYER EXCHANGE CONSUMER GOODS CLEAN ENERGY EMISSIONS ENTRY POINT REPAYMENTS ASSET MENU BATTERIES BUSINESS MODELS PRICE OWNERSHIP CLEANER PAYMENTS CASH FLOWS NEW BUSINESS TELEVISION CONSUMER CHOICES HARDWARE INSTITUTIONS CURRENCY AIR POLLUTION ENERGY SOURCES SUSTAINABLE ENERGY SOLAR PANELS SOLAR HOME SYSTEM ELECTRIFICATION OPTIONS WATER MOBILE NETWORK FINANCIAL INSTITUTIONS PAYMENT DEBT FOREIGN EXCHANGE RISKS POLLUTION FINANCIAL PRODUCTS CONSUMER FINANCE LENDERS CUSTOMER SERVICE REGULAR PAYMENTS RADIO FINANCE CARBON EMISSIONS BANKS TRANSACTIONS PHONE TECHNOLOGY EQUITY TRANSACTION INVESTORS DISTRIBUTION CHANNEL AFFORDABILITY CAPITAL TRANSPARENCY RETAIL LOCATIONS FUTURE DIESEL GENERATORS POWER CASH PAYMENTS ELECTRICITY CREDIT NETWORKS RETAIL BANKS WORKING CAPITAL URBAN AREAS HOUSEHOLD DIVIDEND REPAYMENT REPAYMENT RATES INCOMES CREDIT HISTORIES CASH MANAGEMENT ASSETS DEFAULT FINANCE COMPANY FOREIGN EXCHANGE LOCAL CURRENCY OBSTACLES TO GROWTH RISK OF DEFAULT PROFITABILITY CREDIT RISK RESULT ACCESS TO ELECTRICITY MARKET SHARE SECURITY BUSINESS BUSINESSES NETWORK SHARE HOUSEHOLDS COLLATERAL FUEL REGULATORS INNOVATION REVENUE ELECTRIC GRIDS LENDING COMMUNICATION COOK STOVES BUSINESS MODEL FORM OF COLLATERAL FEES LEVERAGE CUSTOMERS PAYMENT POINTS DIESEL KEROSENE CREDIT HISTORY COMMODITY WEB SITE GROWTH POTENTIAL MONEY TRANSFERS SMALL BUSINESSES COST OF CAPITAL INNOVATIONS ENERGY COMPETITION
spellingShingle	KEROSENE LAMPS FINANCIAL SERVICES RECEIPT CUSTOMER PEOPLE CELL-PHONE RECEIVABLES BUSINESS CASE FINANCING SOLAR HOME SYSTEMS TRANSACTION VOLUME INCOME ACCESS TO PAYMENT BUYER EXCHANGE CONSUMER GOODS CLEAN ENERGY EMISSIONS ENTRY POINT REPAYMENTS ASSET MENU BATTERIES BUSINESS MODELS PRICE OWNERSHIP CLEANER PAYMENTS CASH FLOWS NEW BUSINESS TELEVISION CONSUMER CHOICES HARDWARE INSTITUTIONS CURRENCY AIR POLLUTION ENERGY SOURCES SUSTAINABLE ENERGY SOLAR PANELS SOLAR HOME SYSTEM ELECTRIFICATION OPTIONS WATER MOBILE NETWORK FINANCIAL INSTITUTIONS PAYMENT DEBT FOREIGN EXCHANGE RISKS POLLUTION FINANCIAL PRODUCTS CONSUMER FINANCE LENDERS CUSTOMER SERVICE REGULAR PAYMENTS RADIO FINANCE CARBON EMISSIONS BANKS TRANSACTIONS PHONE TECHNOLOGY EQUITY TRANSACTION INVESTORS DISTRIBUTION CHANNEL AFFORDABILITY CAPITAL TRANSPARENCY RETAIL LOCATIONS FUTURE DIESEL GENERATORS POWER CASH PAYMENTS ELECTRICITY CREDIT NETWORKS RETAIL BANKS WORKING CAPITAL URBAN AREAS HOUSEHOLD DIVIDEND REPAYMENT REPAYMENT RATES INCOMES CREDIT HISTORIES CASH MANAGEMENT ASSETS DEFAULT FINANCE COMPANY FOREIGN EXCHANGE LOCAL CURRENCY OBSTACLES TO GROWTH RISK OF DEFAULT PROFITABILITY CREDIT RISK RESULT ACCESS TO ELECTRICITY MARKET SHARE SECURITY BUSINESS BUSINESSES NETWORK SHARE HOUSEHOLDS COLLATERAL FUEL REGULATORS INNOVATION REVENUE ELECTRIC GRIDS LENDING COMMUNICATION COOK STOVES BUSINESS MODEL FORM OF COLLATERAL FEES LEVERAGE CUSTOMERS PAYMENT POINTS DIESEL KEROSENE CREDIT HISTORY COMMODITY WEB SITE GROWTH POTENTIAL MONEY TRANSFERS SMALL BUSINESSES COST OF CAPITAL INNOVATIONS ENERGY COMPETITION Waldron, Daniel Faz, Xavier Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion
relation	CGAP Brief;
description	The expansion of digital finance systems in the developing world has altered this financial context and enabled new business models that rely on small, regular payments. In the off-grid energy sector a group of solar companies, primarily in East Africa and South Asia, are leveraging digital finance to offer pay-as-you-go (PAYG) energy. This brief explains how digital finance is enabling PAYG energy expansion, which in turn provides a gateway to a range of financial products for the financially excluded.
format	Brief
author	Waldron, Daniel Faz, Xavier
author_facet	Waldron, Daniel Faz, Xavier
author_sort	Waldron, Daniel
title	Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion
title_short	Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion
title_full	Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion
title_fullStr	Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion
title_full_unstemmed	Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion
title_sort	digitally financed energy : how off-grid solar providers leverage digital payments and drive financial inclusion
publisher	World Bank, Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/2016/06/26430470/digitally-financed-energy-off-grid-solar-providers-leverage-digital-payments-drive-financial-inclusion http://hdl.handle.net/10986/24566
_version_	1764457069086244864

Digitally Financed Energy : How Off-Grid Solar Providers Leverage Digital Payments and Drive Financial Inclusion

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