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M-Pesa solar dealer to blacklist defaulters with credit bureaus

Safaricom CEO Bob Collymore (left) and M-Kopa Solar MD Jesse Moore during the launch of the branded solar lighting product last year. PHOTO | FILE

M-Pesa-linked solar dealer, M-Kopa, will from April begin sharing information on loan defaulters with credit reference bureaus to arrest the rising number of non-payers.

The firm has issued a notice saying it plans to share information on how customers pay for their M-Kopa solar kits, in a move that will see defaulters blacklisted by lenders.

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