EcoAct Tanzania

EcoAct Tanzania is a social enterprise specialised in converting post-consumer plastic waste into a resource to manufacture aesthetic, durable and environmentally friendly plastic lumber. The plastic lumber obtained is an affordable alternative to timber, reduces the need for building material manufactured from wood, and helps to preserve forests. Plastic lumber made from recycled plastics are ideal for fencing on farms, homes, national parks, forest reserves and commercial and touristic sites.

Fundraising

This venture has not initiated a round of financing on this platform. If they choose to, the summary of the fundraising round will appear to registered investors here.

Idea

We have an elevator pitch. We want you to sign an NDA before we share our business plan. We are already working in <abbr title="Base of the Pyramid">BoP</abbr> markets and want to improve our current offering.
We have an elevator pitch. We want you to sign an NDA before we share our business plan. We are already working in BoP markets and want to improve our current offering.

EcoAct Tanzania a for profit social enterprise that utilizes plastic waste and transforms it into environmentally friendly plastic lumber. This plastic lumber is an affordable alternative to timber, which reduces the need for building material manufactured from wood. This helps to preserve forests and decreasing the effects of climate change.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We can build the product. Given the time and money, we can deliver on our promises.

Christian Mwijage, Managing Director


Product

We have a working product or service. We have developed the product ourselves and own all of the <abbr title="Intellectual property (IP) rights are legally recognized exclusive rights to creations of the mind.">IP</abbr> for the product.
We have a working product or service. We have developed the product ourselves and own all of the IP for the product.

The product has been developed and is being marketed.

Revenue

We already have revenue from paying customers.
We already have revenue from paying customers.

Key steps in our revenue model: -Mobilizing unemployed youth to collect plastic waste for reselling to us enabling them to earn up to US$ 5.75/day. -Sorting and shredding plastics in preparation for manufacture of plastic posts. -Manufacture of plastic posts -Marketing our plastic posts through various media -Distribution and retailing of plastic posts through various channels


Inclusiveness

We involve low-income groups as distributors. We involve low-income groups as employees.

As a green business we aim for impact on three levels of sustainability: environmentally, to recycle waste plastic and thus provide an alternative waste management solution to the plastic menace, economically, to provide an affordable alternative to timber, and socially, to provide employment and thus a source of living to many unemployed youths.

We involve low-income groups as distributors. We involve low-income groups as employees.

For 2016 and 2017, our plan is to withdraw over 1 million kgs of plastic waste manufacture plastic lumbers to save an estimated 250 acres of forest and prevent 2,500,000 kg of CO2 emissions further mitigating climate change. (Plastic recycling saves 2.5 kg CO2/kg plastic)

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Impact

  6. Investment

Team

Updates