<a target="_blank" href="https://mailtrack.io/trace/link/e240b0001423776ec4891dfd3e8cdc4ecfd5b6f0?url=https%3A%2F%2Fm-kopa.com%2F&userId=8500158&signature=17f2e4262b1a1e6a" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://mailtrack.io/trace/link/e240b0001423776ec4891dfd3e8cdc4ecfd5b6f0?url%3Dhttps%253A%252F%252Fm-kopa.com%252F%26userId%3D8500158%26signature%3D17f2e4262b1a1e6a&source=gmail&ust=1663061962884000&usg=AOvVaw2QX6OrVfSw_GaOT7u6f1XD">M-KOPA</a>, the fintech platform that provides digital credit to underbanked customers, today announced the release of its <a target="_blank" href="https://mailtrack.io/trace/link/cbaa6dcb819dc1f64e67ca27d68451d7ae2ecac1?url=https%3A%2F%2Fm-kopa.com%2Fimpact%2F&userId=8500158&signature=a7e1fd71309bd1b0" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://mailtrack.io/trace/link/cbaa6dcb819dc1f64e67ca27d68451d7ae2ecac1?url%3Dhttps%253A%252F%252Fm-kopa.com%252Fimpact%252F%26userId%3D8500158%26signature%3Da7e1fd71309bd1b0&source=gmail&ust=1663061962884000&usg=AOvVaw2i-RTW0K0q6YwWGNs1A-ma">2021 Impact Report</a>.
As a mission-driven company, M-KOPA’s tremendous growth is rooted in commitment to both commercial and social goals. The report presents findings on M-KOPA’s smartphone, solar and cash loan customers across Kenya, Uganda, Nigeria and Ghana. While much of the impact has been realised in East Africa, M-KOPA recorded rapid growth following its expansion into West Africa over 2020/21.
Key highlights of M-KOPA’s social and environmental impact at the end of 2021 include:
4.5 million lives improved with life-changing products;
Over 1 million solar home systems sold, avoiding 2 million tonnes of CO2 emissions;
Over 1 million individuals accessing high-quality smartphones, enabling access to information and earning opportunities online;
86% of customers report that the quality of their lives has improved because of M-KOPA.
Despite the whirlwinds of economic uncertainty caused by COVID-19, throughout 2020 and 2021 M-KOPA defied global trends and created significant high-quality employment. The fintech company’s full-time staff more than doubled from 2019 to 2021, with 944 additional jobs created. Additionally, M-KOPA sales agents, who actively reach community members across the company’s core markets, quadrupled to 10,000 agents between 2019 and 2021.
Founded in 2011, M-KOPA offers millions of people access to life-enhancing products and services, such as smartphones, solar lighting, solar-powered appliances, cash loans and health insurance by unlocking affordable credit.
In March 2020, the platform reached a milestone of 2 million customers served, and with impact and inclusion remaining core to its mission, M-KOPA strives to increase the number of customers on its platform by 10x over the next five years.
M-KOPA’s 2021 Impact Report is available for download here
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