From NextBillion:

With 1.3 billion living without electricity worldwide, the global need for off-grid energy solutions is massive. People living off-grid, spend an estimated $38 billion on kerosene for lighting and $10 billion on phone charging each year.

Fenix International, where I serve as Business Development Director, was founded in 2009 with the mission to bring affordable energy solutions to people in emerging markets and improve their quality of life. Thanks in part to the tools provided by digital finance, we’ve been able to offer products that these customers need, at prices they can afford – and as the mobile money ecosystem has evolved, so has our product line.

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