Oolu

Company overview
Headquarters: Senegal
Countries of Operations: Nigeria, Senegal, Mali, Burkina Faso, Niger, Cameroon
Women owned /led: Founded by at least one woman, At least 30% women in senior leadership positions, At least 30% of women in board of directors
Year of founding: 2014
Number of FTEs : >100 FTEs
Legal status of the organization : For-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:
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