Updated May 27, 2020

Mobile Layaway and Rent-to-Own Irrigation Pumps

http://kickstart.org/

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Mobile Layaway and Rent-to-Own Programs for Irrigation Technologies

KickStart and its partners will focus on designing a clean energy solution with the farmer in mind—a high-performance yet easy to assemble, highly mobile, robust and durable unit that requires minimal maintenance. KickStart will design a foldable, flat pack solar irrigation pump that is easy for farmers to install. As Encap’s pumps are both low cost and highly efficient, they only require small...
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KickStart and its partners will focus on designing a clean energy solution with the farmer in mind—a high-performance yet easy to assemble, highly mobile, robust and durable unit that requires minimal maintenance. KickStart will design a foldable, flat pack solar irrigation pump that is easy for farmers to install. As Encap’s pumps are both low cost and highly efficient, they only require small solar panels. The addition of an innovative, flexible and reliable PAYG system will provide the farmer with affordable, alternative modes of payment and, by substantially de-risking the provision of credit, will attract investment from traditional lenders such as banks and microfinance institutions.

How does your innovation work?
The two financing solutions will be tested against each other and be compared with the traditional cash payment model. Results from the study will also help demonstrate the viability at scale of each financing mechanism and also how they could serve more broadly as means for breaking down barriers for asset acquisition for rural African farmers.
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Stage 2: Research & Development

The main goal of this project is to test whether Mobile Layaway and Rent-to-Own programs can increase take-up of irrigation technologies among Kenyan farmers, especially the poor. A second goal of the project is to estimate how the returns from acquiring and using a pump change with the financing scheme used to acquire it.
Registered in Kenyain Kenya

Focus Areas:

Agriculture, Economic Growth and Trade, Water Sanitation and Hygiene (WASH) and 2 MoreSEE ALL

Agriculture, Economic Growth and Trade, Water Sanitation and Hygiene (WASH), Cultivation & Tools and Social & Micro FinanceSEE LESS

Implemented In:

Kenya

KenyaSEE LESS

1
Country Implemented In
$553,000
Funds Raised to Date
Verified Funding
?

Planned Goals and Milestones

KickStart International estimates that around 800,000 rural farming families (or around 4 million people) in Kenya could benefit from using our shallow water irrigation pumps. KickStart to date has sold 70,000 pumps in Kenya. It is anticipated that the results will guide KickStart in wide-spread implementation of one or both of the financing services in the countries where they work.

Milestone

Date Unknown
Created
Date Unknown
New Country Implemented In
Kenya