Solar Financing in Nigeria
Power your home or business now and spread the cost. KoboWallet prepares your solar financing application and refers it to financing partners for a decision.
What this financing covers
Solar financing covers the cost of panels, inverters, batteries and the installation that makes them useful, paid for over an agreed period rather than upfront.
In Nigeria the case is usually simple arithmetic: an unstable grid plus generator fuel is a recurring cost, while a solar system is a fixed one. Financing turns the large upfront number into a monthly figure you can plan around.
Who it suits
- Households replacing or reducing generator use.
- Shops, salons, offices and small factories that lose income during outages.
- Landlords and estates equipping a property before letting it.
How the application works
- Create a KoboWallet account and open the financing application.
- Select solar as your financing category and describe the system and load you need.
- Enter your income, expenses and existing obligations so affordability can be assessed.
- Upload the supporting documents requested and submit with the required consents.
- A financing partner reviews the application and responds with a decision.
What you may be asked for
- Valid means of identification.
- Proof of address or a recent utility bill.
- Evidence of income, such as bank statements or payslips.
- A quote or specification for the solar system where you already have one.
Estimate your repayment first
Use the solar repayment calculator to see an indicative deposit and monthly figure before you apply. Estimates are indicative only — the financing partner sets the final terms.
Frequently asked questions
- What is solar financing?
- Solar financing lets you pay for a solar system over time instead of in one payment. You typically pay a deposit and repay the balance in monthly instalments agreed with the financing partner.
- Does KoboWallet fund the solar system?
- No. KoboWallet facilitates the application. A financing partner reviews it and decides whether to fund the system and on what terms.
- Can I choose my own system size?
- You describe the load you need to power and the system you are considering in the application. The partner assesses affordability against that request.
- Is installation included?
- Installation arrangements depend on the system and the partner involved. Anything included is set out in the offer you receive, not promised in advance by KoboWallet.
Apply through KoboWallet
Complete one guided application and KoboWallet passes it to the relevant financing partners for review.
Create your account