group Massmart said on Wednesday that it has launched a solar funding solution to help customers reduce their reliance on Eskom as load shedding in South Africa continues unabated.
The company is offering the funding – which consists of a loan of up to R250 000, available within 24 hours – in partnership with Retail Credit Solutions , a financial services provider. “The retail group offers flexible payment plans, where fixed monthly repayments can be tailored to the customer’s monthly expense budget,” Massmart said in a statement.Repayment terms are between 12 and 60 months, depending on a customer’s requirements and financial position.
“Through this financing solution, we can offer much-needed assistance to cash-strapped South Africans by providing them with funding for their preferred, more sustainable energy requirements,” said RCS chief commercial officer Gavin Lomberg in the statement.