A project led by Green Innovation Ventures Ltd
GIVE LTD is an energy and technology company based in East Africa. Founded in November 2017, the company builds and installs standalone solar rooftop systems to electrify enterprises and households and for productive use. GIVE Ltd goes further to provide a complete Internet of Things (IoT) hardware-agnostic solution for managing stand-alone solar systems and appliances to enable monitoring, revenue collections and asset management for energy developers and productive use equipment providers through their PowerPay software.
« By combining product acquisition with financing for cooking, cooling and other equipment, we are building an ecosystem that will move the next one billion people away from cooking with dirty fuels, » adds Geoffrey Mburu, co-funder.
Context
Although 20 million people gain access to electricity in Africa every year, many are unable to enjoy the full benefits of electrification, due to the high prices of household appliances.
“Our IoT platform PowerPay aims to tackle this problem by digitalizing electrical appliances, enabling consumers to purchase small, manageable mobile equipment and track energy consumption” says Geoffrey Mburu, co-founder.
Connecting off-grid low-income households and businesses, the project seeks to expand access to clean energy. Through a single platform, GIVE’s direct clients - appliance manufacturers, lenders, utility companies including mini-grids and energy distributors – can offer credit for consumers, monitor energy consumption, localize equipment and collect payments.
Objectives
- To bring economic transformation by increasing access to energy and appliances.
- Using technology and working with rural women and men to scale innovative ways of making appropriate clean energy and appliances available and affordable.
