Deevabits Green Energy

Deevabits Green Energy is a social enterprise company that distributes and finances green energy technologies to the rural communities.

Business Model:

Revenue: $0

Employees: 11-50

Detailed Deevabits Green Energy Information

Geographic Data

Deevabits Green Energy headquarters map

Address:

City: Nairobi

State: Nairobi Area

Zip:

Country: Kenya

Financial Info

Stage:

grant

Raised Last:

$182k

Raised Total:

$2M

Metrics

10,356,145Website Global Rank

68Website Monthly Traffic

Twitter Followers

Description

Deevabits Green Energy is a for-profit social enterprise headquartered in Kenya that distributes and finances essential products and services to rural customers through a team of commission-based village social entrepreneurs (VSEs). The VSEs form a robust distribution channel for improving energy access to underserved rural areas. At the same time, we finance customers through the pay-as-you-go model which enables the poorest households to own solar lighting products by paying for them in small installments hence removing the barrier for upfront payment. The company&s;s vision is an Africa where everyone has equitable access to basic goods and services.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2016 Grant $0 United States African Development Foundation
United States African Development Foundation
9/2022 Debt Financing 1 $200k Kiva
Kiva
9/2020 Grant 1 $224k Africa Enterprise Challenge Fund (AECF)
Africa Enterprise Challenge Fund (AECF)
3/2022 Debt Financing 1 $150k SIMA Funds
SIMA Funds
3/2021 Non Equity Assistance 1 - Yale Africa Startup Review
Yale Africa Startup Review
4/2022 Debt Financing 1 $300k Yunus Social Business
Yunus Social Business
9/2020 Debt Financing 1 $400k SIMA Funds
SIMA Funds
3/2020 Debt Financing 1 $38k Kiva
Kiva
6/2020 Debt Financing 1 $25k Beneficial Returns
Beneficial Returns
9/2021 Debt Financing 1 $50k Beneficial Returns
Beneficial Returns
3/2016 Grant $0 D-Prize
D-Prize
10/2019 Debt Financing 1 $50k Kiva
Kiva
11/2022 Grant 1 $182k GIZ - Gesellschaft für Internationale Zusammenarbeit
GIZ - Gesellschaft für Internationale Zusammenarbeit
10/2021 Debt Financing 1 $30k KCB Group
KCB Group
3/2021 Non Equity Assistance 1 - Yale Africa Startup Review
Yale Africa Startup Review
Announced Date Name Price

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