Last-mile distribution company making energy, durable goods and financial services affordable and accessible for through pay-as-you-go tech
Easy Solar is a leading energy distribution company in West Africa, financing high-quality solar products and appliances for those with limited or no access to the conventional grid. Customers can finance their purchase over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. To date, Easy Solar has reached more than 400,000 beneficiaries, distributed through its extensive network of agents and outlets throughout Sierra Leone and Liberia.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 6, 2019 | Grant | $850K | 1 | Africa Enterprise Challenge Fund (AECF) | — | Detail |
Apr 11, 2019 | Debt Financing | €500K | 1 | Cordaid Investment Management | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Africa Enterprise Challenge Fund (AECF) | Yes | Grant |
Cordaid Investment Management | Yes | Debt Financing |