Start-up i-solar uses big data, predictive statistics and machine learning to establish financial identity and build alternative risk profile for energy loan customers.
According to Thomas Ngubane, i-solar CEO, understanding the typical off-grid informal consumer, their values and culture and way of life was crucial to enhancing the commercialisation of the start-up to accelerate the energy and financial inclusion transition in South Africa.
The mobile platform has created a marketplace where global clean energy suppliers and South African finance providers can tailor product offerings to the customer’s risk profile.
Find out more about i-solar’s winning business strategy.
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