Energy outfit 265 and Pinnacle Finance Services teamed up in Lilongwe to get more Malawians access to solar panels and gas cylinders through payment plans that match people's salary schedules. Company founder Mfundo Mbvundula said the deal lets customers skip upfront costs while Pinnacle fronts the cash and buyers pay back monthly, which helps families ditch charcoal without getting wrecked by sticker shock. His company moved over 4,000 affordable gas tanks last year and ran safety workshops with groups like UNDP, showing people how to handle the equipment properly.
Pinnacle CFO Salome Chavula Kayira said their agents across the country will process loans and push the products to folks who cannot drop lump sums on clean cooking gear. The partnership tries to cut deforestation while giving households reliable power options that don't trash the environment or drain wallets over time.
Pinnacle CFO Salome Chavula Kayira said their agents across the country will process loans and push the products to folks who cannot drop lump sums on clean cooking gear. The partnership tries to cut deforestation while giving households reliable power options that don't trash the environment or drain wallets over time.
