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BIDHAA SASA
Last mile distributor offering clean cooking solutions and other life-improving technologies, on credit, to low-income consumers in rural Kenya and Uganda
TECHNOLOGY AND BUSINESS MODEL
Last mile distributor offering clean cooking solutions including efficient charcoal stoves and LPG to rural women on credit via group lending
COUNTRIES OF OPERATION
Kenya and Uganda
E&S RISK CLASSIFICATION
B - Medium Risk
SPARK+ INVESTMENT
$500,000 tripartite inventory financing with Biolite
USE OF PROCEEDS
Purchase of co-branded JikoMalkia charcoal stoves from Biolite, the company's stove supply partner
WEBSITE
Bidhaa Sasa distributes and finances household technologies in rural Kenya and Uganda. Since it began operations in 2015, the Company has delivered 110,000 products averaging $50 per product to approximately 86,000 customers, 75% of whom are female. Bidhaa Sasa has been able to achieve good repayment behavior from its low-income customer base, with an average repayment rate of 98% and high customer satisfaction as demonstrated by a 80%+ net promoter score. The Company employs 135 full-time staff across its 12 retail hubs.
