IXL Social Enterprise Case Studies Energy January 2012 | Page 12

Revolutionizing the way to make energy affordable for everyone How to sell solar lights? “How to sell these products in Africa at scale is the nut to crack. No one has succeeded as of yet: the question is why? What can we do differently? There is no doubt that solar will replace oil, but the question is when, and what can we do to accelerate the process? How do we make more people aware? The more we sell, the more aware they become. Volume drives more volume.” - David Battley, Director of Business Development, SunnyMoney costs over time. Many rural customers only have significant quantities of cash on hand during the harvest season. Credit is not easily accessible, and microfinance is often only available for first-degree revenue generating activities such as entrepreneurship or crop investment. SunnyMoney also lacks an ability to easily collect payments from customers over an extended period of time. Collecting payments is a challenge because many customers lack official identification that would make them formally accountable for a payment liability, and because sending money remotely is logistically challenging and expensive for people who use cash exclusively. The supply chain can’t respond quickly, and SunnyMoney’s batteries have an expiration date Delivering millions of products to meet rapidly growing demand would be a severe stress on any supply chain; the nature of the solar lamp business in Africa makes the strain particularly acute. SunnyMoney’s products are provided via suppliers that manufacture the lamps in China. From the day that SunnyMoney places an order, however, it can be as long as six months before the products are available in Africa. Part of that time is consumed in shipping, bu H