Updated on January 11, 2024

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Created on August 27, 2015

ReadyPay 10W Home Starter Kit

A solar home system with integrated mobile pay in Uganda.

Developed By
  1. Fenix International
Tested By
  • Fenix International
Content Partners
Unknown

Product Description

The 10W ReadyPay Home Starter Kit is a modified version of the Readyset Solar Home System with a built-in Pay-As-You-Go platform that allows users to pay-to-own their Solar Home System (SHS). It is 1 of 5 different ReadyPay Solar System kits available with payment plans in Uganda . The system integrates with any mobile money system and enables ReadyPay customers to make payments from a mobile phone and receive a secure code to unlock access to solar power until another payment is due while also helping users build their credit scores.

The 10W ReadyPay Home Starter Kit pricing plan includes the following options:

  • Deposit: 40,000 UGX (~$13.31 USD)
  • Daily: 1000 UGX (~$0.33 USD)
  • Weekly: 7,000 UGX (~$2.33 USD)
  • Monthly: 30,000 UGX (~9.98 USD)

Prices are based on an 18 months repayment period which will total to ~$179.64 USD. The initial deposit includes 7 free days of power and MTN Mobile Money fees for sending money apply.

Target SDGs

SDG 7: Affordable and Clean Energy

Market Suggested Retail Price

$179.64

Target Users (Target Impact Group)

Household

Distributors / Implementing Organizations

Fenix International and MTN dealers in Uganda.

Competitive Landscape

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