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Oolu

Oolu

Company Overview

Website: oolusolar.com

Headquarters: Senegal

Country of Operations: Africa

Women owned / led: At least 30% of women in board of directors, At least 30% women in senior leadership positions, Founded by at least one woman

Year of founding: 2014

Number of FTEs: >100 FTEs

Legal status of the organization: For-profit

Care economy activities and business model

About the organization:
Oolu Solar is a for-profit company that provides affordable solar home systems to rural households in Nigeria, Senegal, Mali, and Burkina Faso. These solar home systems provide households with brighter, more efficient lights and in-home chargers at a small fraction of their standard monthly energy expenditure. Its products have helped reduce and eliminate the need for rural people to travel kilometers to nearby electrified villages to charge their phones. Lighting from the solar home systems allows children to study an average of one to two hours longer each night. The company has sold over 60,000 solar home systems to customers in the region. 91% of solar light users who previously used kerosene lamps experienced an improvement in their health.

Activities in the care economy: Provision of affordable time and labour saving technology and products

Stage of growth: Mass roll-out/Expansion

Type of services: Domestic services

Number of customers (2020): Between 25,000 to 100,000

Number of customers (2019): Between 25,000 to 100,000

Number of customers (2018): Between 5,000 to 25,000

Financials

Profitability status: Not applicable

Revenue USD (2020): Information not available

Revenue USD (2019): Information not available

Revenue USD (2018): Information not available

Pathways to impact

Challenge addressed: Lack of affordable solutions to reduce amount of time spent on care and domestic work

Pathway to impact – 4 Rs: Reduce

Populations affected: Unpaid care workers, Infants or children, Elderly people, Others

Number of people served (2020): Over 100,000

Number of people served (2019): Over 100,000

Number of people served (2018): Over 100,000