Easypaisa, a joint venture of Telenor Pakistan and Tameer Bank introduced an affordable solar energy service
Easypaisa, a joint venture of Telenor Pakistan and Tameer Bank introduced an affordable solar energy service to low income groups through vendor partners who either sold or rented solar home systems. The Seed grant helped Easypaisa to validate the business case for its unique offering that leveraged its extensive distribution network and mobile money service. The grant also enabled Easypaisa to refine its methodology to identify credit worthy customers.
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“In this day and age, where every four months a technology is declared obsolete, it is unfortunate that many in Pakistan are deprived of the basic need to light a bulb in their houses. Easypaisa, since inception has been dedicated towards empowering societies, partnering with Solar to bring electricity; a basic necessity, to many households was considered quite a worthy opportunity. We have brought brightness to many households and this has only been made possible with the help of GSMA’s generous grant. We are proud to be a payment partner in this cause and look forward to expanding these projects to an even bigger stretch of population in the future.” – Muhammad Yahya Khan, Chief Financial Services Officer (CFSO), Easypaisa