FIBR PAYGO

Featured Insights

GOGLA Innovation Gallery

In 2018, the FIBR team was at the Global Off-Grid and Lighting Association (GOGLA) Annual General Meeting in Amsterdam. This is the member-facing off-grid solar industry event where we had the chance to present the PAYGo NEXT Innovation Gallery: Powering … Continue reading →

HOW UNBUNDLING OF THE PAYGO BUSINESS MODEL IS DRIVING MARKET EXPANSION

Just five years ago new entrants to the PAYGo market had to be vertically integrated: under one roof, they had to be a direct to consumer sales and distribution business, a consumer financing business, and proprietary hardware and software. But … Continue reading →

PAYGo Solar: Lighting the Way for Flexible Financing Services

PAYGo is a workstream of the FIBR Project which worked with select PAYGo companies operations teams to execute pilots and sales experiments to field-test optimized product offerings, incentives, and interventions. In extending financial services to low-income customers, our engagement with … Continue reading →

The Potential of PAYGo for Achieving Water and Sanitation for All (SDG 6)

To “ensure availability and sustainable management of water and sanitation for all (SDG 6),” water service providers need to innovate and adapt successful service models from other sectors. Launched on World Water Day, March 22, FIBR’s PAYGo Water Brief explores how digital … Continue reading →

FIBR – How can data help PAYGo providers better serve and retain customers?

FIBR, a program of BFA Global and Mastercard Foundation, is working with Off-Grid Electric’s (OGE) operations teams to execute pilots and sales experiments to field-test optimized product offerings, incentives, and interventions. In extending financial services to low-income customers, our engagement … Continue reading →

Why is FIBR working with PAYGo and MSMEs in particular?

PAYGo is a workstream of the FIBR Project which worked with select PAYGo companies operations teams to execute pilots and sales experiments to field-test optimized product offerings, incentives, and interventions. In extending financial services to low-income customers, our engagement with … Continue reading →

How the PAYGo solar sector can prepare for the coronavirus and keep the lights on

Co-authored with Dan Waldron   Many parts of the world are currently locking down in an intense effort to contain COVID-19 before it takes too many lives. These have created dramatic – albeit necessary – economic effects. With these immediate … Continue reading →

FIBR’s Next Generation of Linkages to Financial Services: Betting on PAYGo

The Promise of Tangible, Flexible and Sustainable Services   Co-authored with Sushmita Meka       FIBR is a learning-driven program that seeks to discover how digitizing micro, small & medium enterprises (MSME) and low-income households can increase their access … Continue reading →

How financial institutions can deliver payment flexibility using lessons from PAYGo solar

Technology-enabled pay-as-you-go (PAYGo) has unlocked millions of loans in the off-grid solar sector, and the model is already being extended to a range of other assets: motorcycles, refrigerators, water pumps, micro-irrigation systems, LPG cooking, smartphones, and more. As the PAYGo … Continue reading →

Can ‘PAYGo Finance’ Connect Investors to Low-Income Customers?

The Rise of a New Asset Class     Alternative lenders in East Africa are connecting underbanked consumers with affordable, asset-backed financing that allows them to own productive assets, access credit and link to a range of pay-as-you-go services (PAYGo … Continue reading →

Machine Learning in PAYGo: What You Need to Know Before You Jump In

  Last summer, we published a post that described how ZOLA Electric uses Machine Learning (ML) to predict which of their customers are likely to stop paying. The post was informed by the work BFA’s FIBR Project has done with … Continue reading →

The Promise of “Unbundling“ to Reshape PAYGo Solar

  Unbundling is leading to significant innovation in technology and business models in the PAYGo solar sector. Instead of trying to do it all, PAYGo solar companies are now looking to specialize in one or two pieces of the solar … Continue reading →

Realities of Digitizing PAYGo Operations in an Unbundled World

Digitization Helped PEG Africa Increase Efficiency, Data Visibility and Agent Satisfaction     Digitizing operations for PAYGo 2.0 providers seems like a no-brainer. After all, digitization can make operations more efficient, easier to track, and more cost-effective. But digitization is … Continue reading →

The power of flexibility: How innovative payment models can expand access to energy services

In the past eight years, over 10 million people in emerging economies have acquired modern energy for the first time. This has arrived in the form of long-lasting solar home systems, with growth driven by an emerging technology and financing … Continue reading →