M-Kopa Solar fires 18% of its staff including all developers, outsources work to a foreign company

Adam

This is probably an Off-Balance Sheet item. The debt financing

you are mentioning is mainly for onward lending through 12-24 months
micro-payments to its 600k plus off-grid customers. This doesn’t
necessarily impact their Working Capital Requirements and hence little
impact on their burn-rates.

Good discussion.

*Ali Hussein*

*Principal*

*AHK & Associates*

Tel: +254 713 601113

Twitter: @AliHKassim

Skype: abu-jomo

LinkedIn: ke.linkedin.com/in/alihkassim

13th Floor , Delta Towers, Oracle Wing,

Chiromo Road, Westlands,

Nairobi, Kenya.

Any information of a personal nature expressed in this email are purely
mine and do not necessarily reflect the official positions of the
organizations that I work with.

On Mon, Mar 12, 2018 at 2:08 PM, Adam Lane <adam.lane@huawei.com> wrote:

> Brian
>
> The money they have raised was debt financing to predominantly pay for the
> up-front costs of solar systems, TVs and phones that they then resell onto
> their consumers, who pay back day-by-day over several months. These are all
> assets. Of course some of the money is also for operations and for
> expansion. It is not accurate to say they have burnt through the money;
> they have spent a lot of the money on assets.
>
>
>
> I would also think that they don’t need a large software development team
> having already developed their software, and instead focus on a smaller
> (maybe outsourced) team for maintenance and small upgrades (which would be
> easier to outsource after the initial development), but that is just a
> guess.
>
>
>
> Adam
>
>
>
> *From:* kictanet [mailto:kictanet-bounces+adam.lane=huawei.com@lists.
> kictanet.or.ke] *On Behalf Of *Ali Hussein via kictanet
> *Sent:* Monday, March 12, 2018 1:39 PM
> *To:* Adam Lane <adam.lane@huawei.com>
> *Cc:* Ali Hussein <ali@hussein.me.ke>
> *Subject:* Re: [kictanet] M-Kopa Solar fires 18% of its staff including
> all developers, outsources work to a foreign company
>
>
>
> Brian
>
>
>
> Exactly! In one sentence you have hit the nail on the head. The new game
> in town is P2P (and here I mean Path 2 Profitability not Peer2Peer) 🙂
>
>
>
> Regards
>
>
> *Ali Hussein*
>
> *Principal*
>
> *AHK & Associates*
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: ke.linkedin.com/in/alihkassim
>
>
>
> 13th Floor , Delta Towers, Oracle Wing,
>
> Chiromo Road, Westlands,
>
> Nairobi, Kenya.
>
>
> Any information of a personal nature expressed in this email are purely
> mine and do not necessarily reflect the official positions of the
> organizations that I work with.
>
>
>
> On Mon, Mar 12, 2018 at 1:30 PM, Brian Munyao Longwe via kictanet <
>

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