KARIBU Solar Power

KARIBU Solar Power is a social enterprise that makes energy available at the price of kerosene. We design, manufacture and distribute a solar pay-as-you-go “business in a box” kit for Tanzania. It is an income-producing asset for an entrepreneur (just like a chicken or goat) but it is also an affordable way to buy light (and mobile phone charging) for an end-consumer.

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 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 are already working in BoP markets and want to improve our current offering.

KARIBU Solar Power is a social enterprise that makes energy available at the price of kerosene. We design, manufacture and distribute a solar pay-as-you-go “business in a box” kit for Tanzania. It is an income-producing asset for an entrepreneur but it is also an affordable way to buy light (and mobile phone charging) for an end-consumer.

Team

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

Adam Camenzuli, Cecilia Assenga, Sameer Gulamani, Brian Camenzuli


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.

Testing our new solar kit.

Revenue

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

KARIBU Solar Power makes income from sales of solar pay-as-you-go "Business in a Box" kits. The customer/entrepreneur then makes income from selling recharges of the “hockey puck” portion of the solar kit. They make back their initial investment and begin making a profit in 2-4 months.


Inclusiveness

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

We sell an income-producing asset to low-income entrepreneurs. The product/service of this asset provides a (now affordable) social good to low-income end-consumers.

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

Approximately $70-90 / kit per year.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Impact

  6. Investment

Team

Updates