Dolla Financial and Fosrich have signed a strategic partnership that will enable both companies to work together and make an impact in the solar energy industry. They both made their statements on Instagram by captioning the photo by stating,
“We are proud to announce that Dolla Financial Services Limited (DOLLA) and Fosrich Company Limited (FOSRICH), have ventured into a partnership to provide customers with financing for solar energy solutions. This partnership allows the Jamaican public to access up to 90 percent financing on their solar energy needs,”.
From a bird’s eye view, it seems as if Dolla will make it for customers to finance their solar products from Fosrich, it’s a strategy that Dolla has been implementing over the last year. By partnering with local retailers in specific niches where the cost for purchasing a particular product might be high, Dolla can help to provide the line of credit in order to facilitate the purchase.
That is precisely what kadeen Mairs has stated, “We’ve reduced a lot of the risks which allowed us to reduce a lot of the interest as well to make it affordable for persons who would like to save. Whether it is saving or totally going solar with their homes or businesses.”
Cecil Foster, CEO of Fosrich further added to that sentiment, “The pinpoint for the customers is financing. The Jamaican public have listened to all that has happened over the years and they have seen how they are hurting by not going solar, which is the mere point to solving their problem of renewable energy,” stated Foster.
A very interesting and not surprising partnership, let’s see how it works out, it would be a great help in order to help the layman’s transition to solar.
