TECHNOLOGY AND BUSINESS MODEL

Franchise network operator enabling sale of basic goods to low-income consumers, including now LPG cooking gas

COUNTRIES OF OPERATION

Rwanda, Uganda

E&S RISK CLASSIFICATION

B - Medium Risk

SPARK+ INVESTMENT

$2 million in a mix of senior secured and quasi-equity/unsecured debt

USE OF PROCEEDS

Introduction of LPG micro-refilling stations to franchises in Rwanda and Uganda

WEBSITE

https://jibuco.com/

Jibu, Inc is a for-profit social enterprise that launched in 2013. Jibu prioritizes impact in its communities and stimulates responsible economic growth and independence by capitalizing, equipping, and training emerging market entrepreneurs to launch and grow essential service franchises which retail drinking water alongside other essential products like LPG (Liquified Petroleum Gas) and fortified porridge. The company serves the low-income market segment with directly-owned affiliates in Rwanda, Uganda, Kenya, DRC, and Ghana and indirect operations in Tanzania, Zambia and Burundi.