How it works
Repayment enforced by hardware, settled by webhook.
The mechanism is the product. Here is the full path from capital to a home with reliable power — and back again as repayment.
- 01
A financier commits capital
An impact financier — a bank, development finance institution, or ESG fund — commits capital to fund a solar installation for an end-user through the Centirium platform. The arrangement is structured as device-secured, cost-plus financing. Centirium does not lend money itself; it is the infrastructure layer connecting financier and installer.
- 02
A partner installer deploys the system
A registered installer deploys the solar hardware — panels, inverter, battery — and a Centirium IoT smart meter at the customer's premises. The customer does not need collateral, a credit history, or a formal address. The device underwrites the risk.
- 03
The smart meter activates
Once installation is complete, the smart meter comes online and ties the customer's power supply to their repayment status. The meter reports telemetry — battery voltage, load, relay state — back to the platform in real time.
- 04
Repayment enforces itself via webhook
When the financier's payment processor confirms a repayment, it notifies the Centirium platform by webhook. The platform updates the device state: relay stays ON while payments are current. If a payment is missed, the meter can remotely disconnect power. Once payment is received, it reconnects automatically. Centirium never touches the money.
Common questions
What happens if a customer misses a payment?
The IoT smart meter can remotely disconnect the customer's power supply. This is automatic — no manual intervention, no court order, no collateral seizure. Once payment is confirmed via webhook, the meter reconnects.
Does Centirium process the payments?
No. Repayment status arrives via webhook from the financier's own payment processor. Centirium acts on that signal to update the device state but never processes transactions, settles funds, or holds money.
What data does the smart meter report?
The meter reports real-time telemetry including battery voltage, current load in watts, relay state (ON/OFF), and connection status. This data is visible to the financier through the platform.