Digitally Financed Energy

Digitally Financed Energy

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.

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Bibliographic Details
Main Authors: Waldron, Daniel, Faz, Xavier
Format: Brief biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2016-03
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
https://hdl.handle.net/10986/24566
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Summary: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.

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