August 15

d.light Harnesses $125 Million to Boost Off-Grid Solar Solutions in Tanzania

d.light, a firm focused on household products and finance solutions for low-income households, has unveiled a successful $30m securitization facility.

This facility, generously backed by the Eastern and Southern African Trade and Development Bank Group (TDB Group), is structured with the prowess to acquire up to a staggering $125m worth of receivable assets.

Photo courtesy of DFID.

Source: Fintech Global (link opens in a new window)

Energy, Finance, Social Enterprise, Technology
energy access, PAYGO finance, renewable energy, solar