The Micro Asset Finance Lab (known as the PAYGo Lab from its inception in 2023 until its rebranding in 2025) is a game-changing innovation that improves credit management and portfolio monitoring capacity across the off-grid solar industry. The Lab’s team of seasoned experts works collaboratively with companies to understand the root causes of credit management challenges, and develop a comprehensive, actionable plan. We help build systems, tools and capabilities to sustainably manage a portfolio at scale.
The Lab was developed to address critical challenges threatening the pay-as–you-go model, which overemphasized the volume of sales, to the neglect of ensuring customers had both the willingness and ability to pay for them in a timely manner. As a result industry-wide average collection rate average around 70%. This underperformance leads to negative customer outcomes and threatens enterprise viability.
As such, the Micro Asset Finance Lab is dedicated to making “last-mile credit” work by building a bankable, sustainable micro asset finance ecosystem that expands access to essential assets while protecting and empowering customers.
Learn more here: www.maf-lab.com