Solar Sister, a network of African women bringing life-changing, affordable clean energy to their communities, was created to to address the severe gap in distribution of modern energy technologies to the rural poor where women make up the majority of the market. Solar Sister is working to bridge the gender and technology divide in some of the hardest to reach, most energy poor communities in Uganda, Nigeria and Tanzania. Many of its customers live on or below the poverty line in areas where access to electricity is below 5%. Solar Sister is looking to explore further ways it can support its customers to meet their energy needs and help them climb the energy ladder through diversified financing options.
The Capstone team was tasked with identifying and analyzing how different pay-as-you-go (PAYG) models can be adapted to Solar Sister’s operations in Tanzania to provide diversified financing options to its entrepreneurs/customers. In line with rapidly improving technology platforms to deploy PAYG, this research provided market analysis and recommendations necessary to evaluate the compatibility of a PAYG scheme within Solar Sister’s business model. Lastly, the report assessed the strengths and weaknesses of 3 possible models that Solar Sister can pursue.