The True Cost of Running Generators in Nigeria
The average Nigerian household or SME spends between ₦80,000 and ₦400,000 every single month on petrol, diesel, oil changes, and mechanic repairs. That money is permanently lost. Investing in solar builds permanent equity in an asset with a 10-to-25-year lifespan.
What Solar Financing Covers
How the Loan Structure Works
The solar equipment itself acts as asset collateral. Borrowers repay in structured monthly bites over 6 to 24 months while immediately enjoying 24/7 silent electricity.
Getting Started with Kredio
Select our Solar & Clean Energy Financing option, upload your proforma invoice or choose from our accredited solar partners, and get funded within 24 hours.
Fast-Track Application Checklist
Follow these 4 simple steps to ensure immediate review and same-day payout directly to your Nigerian bank account:
Frequently Asked Questions
How much down payment is required for solar financing?
Most solar equipment financing programs require an initial equity contribution of 10% to 20%, with the remaining balance spread over 6 to 24 months.
Is solar monthly repayment cheaper than buying fuel?
Yes! For an average home running a 5kVA inverter, monthly loan repayments are often 40% to 60% lower than monthly petrol or diesel expenses.
