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Baobab +

Baobab +

Company Overview

Website: baobabplus.com

Headquarters: France

Country of Operations: Information not available

Women owned / led: At least 30% women in senior leadership positions

Year of founding: 2016

Number of FTEs: >100 FTEs

Legal status of the organization: Non-profit

Care economy activities and business model

About the organization:
Baobab+ is a social business committed to providing clean, affordable and reliable energy to people living off-grid and in rural areas by offering them quality products with adapted financial solutions. They sell small, high quality, easy to use, solar PV home systems to customers on credit with flexible payment terms. The entity’s solar solutions reduce the amount of time spent on domestic work and significantly improve lives by prolonging the activity hours of the population by enabling them to cook, study and work beyond the hours of daylight. In 5 years, Baobab+ has equipped 220,000 households, more than 80% of whom live in rural areas, with domestic solar solutions and enabled people to have access to light. Baobab + has assisted in increasing study time for students by 75%, has increased users’ income by 25%, and has saved 210,000 tonnes of CO2. compared to charcoal.

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

Stage of growth: Established/Mature

Type of services: Labour saving solutions

Number of customers (2020): Information not available

Number of customers (2019): Information not available

Number of customers (2018): Information not available

Financials

Profitability status:
Financially profitable

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: Infants or children, Elderly people, Persons with special needs or with illnesses, Others

Number of people served (2020): Information not available

Number of people served (2019): Information not available

Number of people served (2019): Information not available