Improvement of Livelihoods
Fuel Substitution Loans
To expand mass market access to electric mobility, we have introduced a Fuel Substitution Loan, 3-Year pay over time program to finance the purchase of our SGV150, targeted primarily to motorcycle taxi (kabaza) operators.
Doubling Take-Home Income
Our pay over time scheme has on average, doubled the take home incomes of motorcycle taxi operators from avoiding high fuel expenses. As Malawi also continues to experience fuel shortages, the cost savings are further compounded from operators avoiding black market fuel costs and long queues that slow down income generation.
Technical Skills Development
