Baobab +

Company overview
Headquarters: France
Countries of Operations: Senegal
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
Company overview
Headquarters: Mexico
Countries of Operations: Mexico
Legal status of the organization : For-profit
Year of founding: 2018
Number of FTEs : 5 to 20 FTEs
Women owned / led: Founder
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