Checkoff Finance Expands Solar Loan Partnerships, Delivers Results Across Lagos and Beyond

Following the success of its groundbreaking solar financing program launched in June 2025, Checkoff Finance has expanded partnerships with leading solar vendors and concluded multiple projects across Lagos State and beyond.

The initiative, which allows both salary earners and business owners to access solar energy solutions with as little as a 20% equity payment, is already transforming lives and businesses. For salary earners, equity contributions have started as low as ₦100,000, making solar a realistic option for homes and families. For businesses, solar loans of up to ₦46,297,400 have been accessed, such as a ₦25,914,500 facility for a pure water factory that has now cut its operating costs and eliminated reliance on diesel generators.

“Affordability was the biggest barrier, but Nigerians are realizing that with just 20% equity, they can switch to solar and immediately enjoy consistent power,” said Pelumi Olanose, Head of Partnerships at Checkoff Finance. “Our customers tell us it’s a complete eye-opener. Within months, they are saving on diesel and reallocating funds to grow their businesses and improve their lives.”

Beyond customer success stories, Checkoff Finance itself has embraced solar for its operations. The company reports a significant reduction in monthly energy costs after powering its Lagos office with solar.

“We’re walking the talk,” said Habila Musa-Luka, CEO of Checkoff Finance. “By adopting solar ourselves, we’ve proven the model. We barely run generators these days, and the savings are substantial. ”

As demand for affordable solar continues to grow, Checkoff Finance is actively recruiting more vendors and installers to scale its reach. Vendors already onboard report prompt resolutions, steady customer inflow, and stronger trust in the ecosystem.

One happy customer, who almost sold her car to keep her business running on diesel, shared: “I was crying, thinking of selling my car. Then the loan was approved, and solar was installed. Now, instead of struggling with fuel every day, I finally have peace of mind. And I didn’t have to sell my car to do it.”

Checkoff Finance remains committed to helping Nigerians, whether salary earners working from home or SMEs running energy-intensive operations, take control of their power needs with affordable, financing solutions.

If you’re a salary earner or business owner looking to go solar, you can check your eligibility today by calling +2349169982582. A dedicated advisor will walk you through the process.

About Checkoff Finance
Checkoff Finance is a technology-driven financial company providing payroll loans, investments, and smart financing solutions to help Nigerians grow and achieve their goals. With innovation at its core, Checkoff is committed to empowering Nigerians with accessible financial solutions, now including solar energy financing.

Contact:
Pelumi Olanose, Partnership Manager
Tel: +2349169982582
[partnership@checkoff.finance] (mailto: partnership@checkoff.finance)
www.checkoff.finance

The post Checkoff Finance Expands Solar Loan Partnerships, Delivers Results Across Lagos and Beyond appeared first on Vanguard News.