A FINT Product

Borrow against
the power you need

BorrowPower is FINT's embedded lending product — secured by Nigeria's power distribution infrastructure. Automatic repayment, near-zero defaults, and access in under 5 minutes.

Nigerian SMEs are power-constrained and credit-starved

Unreliable grid power is the single biggest operational burden for small businesses — and existing lending products make it worse, not better.

60%

of SME production costs go to power — generators, diesel, and electricity bills eating into margins every month.

$140b

credit gap in Nigeria. Only 3% of the population has access to formal credit, locking out 40 million MSMEs.

🏚️

No Collateral, No Loan

Traditional banks require physical collateral that most SMEs don't have — excluding the majority from any formal credit.

Slow, Document-Heavy Processes

Weeks of paperwork, branch visits, and manual underwriting mean SMEs can't access credit when they actually need it.

💸

Cash Misuse Drives Defaults

Cash disbursement leads to misuse of funds — borrowers spend on other needs, can't service the loan, and default rates hit 15–70%.

Power Disruption = Business Disruption

When grid power cuts out and generators run dry, production stops. SMEs lose revenue they can't recover, creating a downward spiral.

Power infrastructure as collateral & repayment

BorrowPower solves cash misuse and weak recourse simultaneously by tying every loan to the power distribution network.

1

SME Applies

Dial *1220# or apply online. No documents. No branch visit. Approval in minutes using utility history as a credit signal.

2

Lender Buys Units

Lender purchases prepaid power units directly with the DisCo — no cash touches the borrower's hands. Zero misuse risk.

3

SME Gets Power

Power units credited to the SME's meter instantly. Business keeps running. No downtime, no cash advance required.

4

Auto Repayment

Repayments deducted automatically from the SME's next power top-up with the DisCo. No chasing. No friction.

Two root causes of default. Both eliminated.

Traditional Lending
15–70%

Default Rate

Cash goes to borrower. Borrower spends it elsewhere. No structured repayment. Lender chases manually. Losses mount.

  • Cash disbursement — misuse inevitable
  • Weak recourse — hard to enforce repayment
  • Manual collections — expensive, ineffective
  • No credit history — underwriting is guesswork
BorrowPower
<2%

Default Rate

Funds go to DisCo, not borrower. Repayment embedded in next power payment. Borrowers must repay to keep the lights on.

  • No cash — units go directly to meter
  • Strong recourse — power is non-negotiable
  • Automated collections — built into DisCo billing
  • Utility history as credit score — real signal

MTN already proved this works — at massive scale

BorrowPower isn't a new concept — it's a proven model from mobile telecoms, now applied to power infrastructure.

📡

MTN Nigeria: Microloans for Airtime & Data Units

MTN Nigeria lends call & text units directly to users — the same targeted-disbursement model BorrowPower uses for power. The results speak for themselves.

$150m
Revenue from airtime microloans (2021)
<2%
Default rate on call & text lending
$4bn
Total MTN Nigeria revenue (2021)

Simple unit economics. Massive at scale.

FINT earns a fee on every loan facilitated — paid by the lender from interest earned. Borrowers pay no origination fees.

$20
Average loan size per 30-day cycle
$1
FINT earns per loan facilitated
$100m
Annual loan facilitation target by 2025

At $100m facilitated annually, FINT will have empowered 400,000+ households and businesses across Nigeria with more flexible power payment options — while delivering consistent, infrastructure-backed returns to lenders.

Built for businesses that run on power

Any SME connected to a DisCo network can access BorrowPower — from workshops to cold chains to tech startups.

🏭

Light Manufacturers

Small factories and workshops where equipment downtime directly halts revenue. Power credit keeps production lines running.

40–60%
of costs are power
❄️

Cold Chain & Food Storage

Refrigeration-dependent businesses facing spoilage risk when power fails. A *1220# call keeps the cold chain intact.

₦2–5m
typical power loan size
💇

Salons & Personal Services

Service businesses where tools and equipment require reliable electricity. No power = no customers = no revenue.

5 min
to get a loan
🖨️

Printing & Media

Print shops and studios where power interruptions mean missed deadlines and lost contracts. BorrowPower keeps jobs on track.

<2%
default rate
🏗️

Construction & Trades

Contractors needing consistent power for welding, drilling, and other equipment-intensive work on-site.

₦0
collateral required
💻

Tech & Creative Studios

Design agencies, studios, and co-working spaces that need uninterrupted power to deliver client work on time.

Any phone
via USSD *1220#

Partnered with Nigeria's largest DisCos

FINT has signed partnerships with the two largest power distribution companies in Nigeria, with more in active review.

🏭
AEDC — Abuja
Signed Exclusively ✓ — Under Integration
EKEDC — Eko (Lagos)
Signed ✓ — Under Integration
🔌
IBEDC — Ibadan
In Review
💡
Jos Electricity
In Review
🔋
YEDC — Yola
In Review
🏙️
Kaduna Electric
Approval Pending
🔆
Ikeja Electric
Approval Pending

Nigeria first. Africa next.

Nigeria's power distribution market generates $1.9bn in annual revenue — and that's just the start. The same infrastructure-lending model scales across the continent.

$1.9bn
Total power distribution revenue
$600m
Revenue of signed DisCo partners (AEDC + EKEDC)
🇪🇬
Egypt
$9.1bn
DisCo revenue
🇩🇿
Algeria
$6.3bn
DisCo revenue
🇿🇦
South Africa
$2.7bn
DisCo revenue
🇬🇭
Ghana
$1.3bn
DisCo revenue
🇰🇪
Kenya
$1.2bn
DisCo revenue

Apply in under 5 minutes

Pick the channel that works for you and get power credit today.

👤

I'm a Borrower

Individual or SME owner who needs power credit. Access BorrowPower through any of these channels.

  • 📱
    USSD — *1220#
    Works on any phone, no internet needed. MTN, Airtel, 9mobile.
  • 🌐
    Web & Mobile App
    Apply directly within your DisCo's existing platform.
  • 🤝
    Payment Agent
    Walk in to any DisCo payment agent near you.
Dial *1220# Now
🏦

I'm a Lender / Investor

Institution or individual looking to deploy capital into African SME credit with infrastructure-grade security.

  • Default rate under 2% — verified across existing portfolio
  • Institutional and individual investors across Africa
  • API integration — no-code, live in days
  • Scalable across 5+ DisCo partners
  • Loans in power units — zero cash misuse risk
  • Full loan lifecycle visibility via dashboard
Talk to Our Team

Power your business.
Start today.

Dial *1220# from any Nigerian phone — or reach out to discuss a lending partnership.