M-KOPA advances Ksh 23B in credit to customers in eight years

A report by M-KOPA says it has processed close to 100 million mobile money payments. The report titled 2019 Impact Report reveals that nearly 50% of M-KOPA customers now undertake more productive activity, like working more hours, or spending more time on their business.

Last year M-Kopa Solar fired 450 workers in its subsidiaries in United Kingdom, Uganda, Rwanda and Tanzania in a bid to ease operational costs and boost profitability.

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