EnerGrow is a tech start-up growing sustainable, productive, rural electricity demand in Africa, through an innovative mix of productive asset financing, training and digital ID based technology.
Create a digital profile for all customers
Collate data from disparate sources and use bespoke algorithm to create credit scores
Provide Financial literacy and Business Support Training.
Provide financial services and productive asset financing
Provide rural customers with low interest rates on financing
Offer business in a box, and financial literacy training to customers
EnerGrow's mission is to revolutionise Africa's rural communities by financing customers to unlock local productivity and increase energy demand.
EnerGrow’s vision is for universal access to energy in sub-Saharan Africa to be demand driven by productive energy uses, providing sustainable, economic and social benefits for households and businesses.
EnerGrow improves the profitablility of electricity distribution companies by financing consumer assets that increase energy consumption, ability to pay, and economic output.
Newly electrified communities in Africa do not have access to income generating or livelihood improving electrical appliances that would make them economically viable to energy providers
This means that communities rarely exploit productive energy and, consequently, energy access initiatives are seldom bankable
Partnering with utilities and minigrid operators, EnerGrow’s platform uses existing data to identify entrepreneurs that require business asset financing and selects for eligibility through data-driven credit profiling.
EnerGrow provides a catalogue (initially 5-6 assets*) of comprehensive “business-in-a-box” solutions to customers at the cheapest possible rate, including:
EnerGrow provides productive energy asset financing and training to small businesses in Uganda.
EnerGrow provides loans to micro, small and medium businesses (MSMEs) and households for assets or appliances valued between $50 and $5,000, over a period between 6 months and 3 years.
EnerGrow uses new data sources and automated credit scoring to reduce its credit risk and scale its solution across regions quickly.
EnerGrow’s team has provided training to more than 4,000 small businesses in Uganda, surveyed thousands of customers and has more than 25 years combined experience delivering projects in East Africa.
EnerGrow offers business in a box, and financial literacy training to customers.
EnerGrow offers appliance financing and training to help your business grow and make you more money.
Flexible payment options, no security needed
Affordable, high quality machines
Increase your sales and reduce costs
Learn skills to grow your business quickly
We have:
250+ Businesses Signed Up
We have:
250+ On the waiting list
Deployed USD:
100,000in 2021
New products added all the time! Let us know what you’d like to see here!
Tailoring
Carpentry
Metal Working
Restaurant / Retail
Agro Processing
Cooking
Energrow's management team is ready to Dramatically scale the business.
Frequently Asked Questions
Yes you can. Some appliances can be combined into a larger loan at the customer’s request. To find out more, please contact EnerGrow.
Get in touch with EnerGrow. In some cases, we can extend the duration of the loan and reduce the monthly cost. The quicker you are able to pay the loan back, the less you will pay overall.
Yes! We can reduce the duration of the loan if you are able to pay more each month.
You should contact EnerGrow BEFORE the payment is due. In some instances we might allow you to make a payment a few days late. If you miss a payment without telling us first this won’t be possible and you will be charged a penalty fee.
Yes you can. As long as you pay the total amount owed each month, you can pay in one big amount, or several smaller amounts - whichever is easiest for you.
Either through Mobile Money or Agent Banking - we have accounts with MTN, Stanbic and Centenary.
Yes you can. If the appliance isn’t working as well as you’d hoped you can return it and stop paying the loan.
If the appliance stops working whilst being used properly it will be covered by a guarantee. The length of the guarantee is different for each product, but will always cover the appliance for at least the length of the loan.
Yes! If there’s a different appliance you’d like to get from EnerGrow let us know and we’ll do our best to add it to the catalogue.
Yes you will - this is a compulsory part of the appliance loan. You will be trained in accounting, entrepreneurship and on how to use your new appliance.
Umeme is interested in how appliances can help businesses connected to the grid grow - we are working together to find the best way to help small businesses.
Ark House, Plot 52 Kanjokya Street, Kampala
