skip to main content
  • *
  • *
Find Insight DIY on
* * *

International DIY News

Massmart Offers Solar Funding Solutions

Builders Warehouse 725 x 500

As more South Africans look for alternative energy sources to cope with loadshedding, Massmart, in partnership with Retail Credit Solutions (RCS), has introduced a solar energy funding solution for its customers.

The funding is available in the form of a loan of up to R250 000, which can be released within 24 hours through a convenient application process. The retail group offers flexible payment plans, where fixed monthly repayments can be tailored to the customer’s monthly expense budget. To achieve this the repayment period can be extended from 12 to 60 months.

Varsha Dayaram, Senior Vice President for Financial Services at Massmart, says “We, in partnership with RCS, place very high emphasis on developing funding solutions to meet the needs of our customers and we have noted a significant increase in the number of people who want to fund solar energy projects for their homes.”

Sharing his thoughts on the announcement of this improved funding solution, Gavin Lomberg, Chief Commercial Officer at RCS says: “With the current energy crisis that we find ourselves in, we want to offer our customers the opportunity to meet their energy needs and achieve their desired lifestyles in a cost-effective way. Through this financing solution, we can offer much-needed assistance to cashstrapped South Africans by providing them with funding for their preferred, more sustainable energy requirements.”

These funding solutions are available at Makro, Builders and Game.

To find out more about the application process, please visit:

Makro: https://www.makro.co.za/makro-card/makro-cashloans

Builders: https://www.builders.co.za/builders-cash-loans

Game: https://www.game.co.za/cp/money-centre/credit

Source : Massmart

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.    

11 April 2023

Related News

view more International DIY News
*

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

*
Paul Boyce - European CEO, QEP Ltd.
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry