Jibu: Investing in Local Owners to Drive Lasting Change
Category: Impact-First, for-profit business
Area of work/impact: clean water, entrepreneurship in Africa
How to engage: donate, franchise, invest* Learn more at Jibuco.com
Jibu, a for-profit social enterprise, trains and finances African entrepreneurs to solve their communities' problems. With the heart to catalyze lasting change in Africa, the company is also returning profits for their investors and franchisees.
The Business Model
Perhaps the most fundamental challenge facing emerging markets today is the lack of meaningful economic opportunity. Without adequate training, mentors, and capital, aspiring entrepreneurs lack the resources to start promising businesses, leading to a pervasive economic and jobs crisis. At the same time, about a billion people have no access to necessities such as affordable drinking water.
Jibu's innovative business-driven, charitably-grounded model transforms the lack of access to basic human needs into an expansive opportunity by allowing thousands of properly equipped social entrepreneurs to become the solution, one neighborhood at a time.
Jibu is quickly scaling a network of locally-owned franchise business owners, starting in urban areas of Uganda, Rwanda and Kenya. Many of these franchisees are young women. Their anchor product is affordable, convenient, high-quality drinking water. Their market is the vast millions of families living in communities unable to afford many of life’s most basic necessities.
Jibu is a community of people committed, not just to meeting basic needs, but offering a superior product and creating profitable, expansive businesses. Read about their corporate team, board of directors, and franchisees on their website.