Madagascar
Jiro-Ve is a social enterprise based in Madagascar, founded in 2014. The company's slogan "A network of franchised solar energy shops, delivering last-mile power solutions to unserved consumers in Madagascar" encapsulates their mission of making renewable energy accessible to people in Madagascar. Jiro-Ve utilizes a unique business model that leverages local entrepreneurs to distribute high-quality solar products, providing an alternative to expensive and unhealthy sources of lighting such as candles and kerosene.
The last investment received by Jiro-Ve was a $500.00K grant from the Off-Grid Market Development Fund on 01 April 2021. This injection of capital is a testament to the company's potential in the energy sector and its commitment to driving positive social and environmental impact in an underserved market. As of now, Jiro-Ve is fulfilling its mission and has been serving members since 2012.
With its focus on delivering last-mile power solutions and its significant impact on improving access to clean energy in Madagascar, Jiro-Ve demonstrates potential for growth and scalability. The company's unique approach and social commitment position it as an attractive opportunity for investors looking to support sustainable and impactful ventures in the energy sector.
