Locations
Accra, Ghana
industry
Energy · Finance · Hardware · Manufacturing · Software · Sustainability
Size
51-200 employees
Stage
Other
founded in
2013
PEG Africa is a for-profit corporation, financing and deploying affordable solar-powered solutions to households and SMEs in West Africa, with operations in Ghana, Côte d’Ivoire, Senegal, and Mali. The company provides loans for pay-as-you-go (PAYG) solar power home systems, water pumps, and solar water irrigation to customers that do not have access to an electrical grid. The loans are repaid by customers in small increments, using mobile money payments functionality. The solar power home systems can be used by customers as collateral for loans on further products and services. PEG’s products are designed for underserved communities, enabling customers to replace their spending on poor-quality polluting fuels like kerosene, with more sustainable solar energy which eventually becomes an asset to the customers.
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