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We are distributing Pay-As-You-Go technology enabled lanterns instead of the standard solar lanterns, which are typically sold in cash or loan and otherwise require sales agents to physically collect payments from customers.
We chose this approach because of its potential to save time and labor for agents, while also aiming to reduce default rates as the number of units increase since it is harder to follow up on each unit physically. With PAYGo, we are able to track the payment rate on each lantern and send reminders via SMS to our clients to ensure they make their payments on time.