Value addition renewable energy social enterprise

Value addition renewable energy social enterprise

Deal Details

coins Directors/Owners

coins Type of investment
Open( Debt & Equity Financing )

coins Amount To Raise
UGX 720,000,000

coins Average monthly revenue(Turnover)

category Sectors
Green energy and environmental conservation

calendar Posted on
22nd November 2021

clock Deal Due Date

proposals Product/services
smokeless briquettes and drying services

proposals Stage of growth
Expansion: Company is profitable and needs to scale up to further increase market share

category Business Particulars
Active business bank account
Tax registration certificate
Trading license
Business plan

category Funds Needed For
Capital Expenditure/ Asset acquisition
Working capital/stock/inventory

Deal Descrption

A social enterprise founded in 2017 in Uganda to help farmers and households in Africa turn food waste into profits through value addition and having access to renewable energy and nutritious food to feed on. It sells food dryers, spices, smokeless briquettes and drying services directly to households, farmers, food processors and entrepreneurs. It has sold its low cost driers in over 5 african countries Current monthly turnover of $4834, it is seeking $200,000equity convertible note to scale its production capacity and reduce its production cost to enjoy economies of scale to ensure its products are more accessible to farmers and consumers on a wider scale.