Phone: +254 20 2369563 Email: email@example.com
Careers | Tenders | Whistleblowing | Beneficiaries’ Portal
Maa Briquettes Limited
Tel: +254 728 284 768
Funding Raised: Secured KES. 3.2M in seed funding
Funding Required: Seeking and investment of KES. 2.8M
Use of Proceeds:
- Equipment and other assets
- Improve production capacity
Number of Employees: 15
George is the owner and Founder of Maa Briquettes (sole proprietor), a local enterprise located in Narok County. The enterprise uses biomass to produce smokeless briquettes appropriate for household and cottage industry use.
More than 80% of Kenyan urban population use charcoal as their primary source of domestic
The Maa Briquette innovation is a simple idea that uses charcoal dust, maize cobs and maize stalk and waste vegetable matter to make smokeless briquettes which are dried and then sold as fuel. The briquettes burn three times longer than
Maa Briquettes’ primary target market is the households in Narok town due to the nature of their energy needs and their proximity to the business which reduces the distribution costs incurred. They are also targeted owing to their socio-economic status, market size, benefits sought and lifestyle/activities
The major competition for the briquette industry stems from traditional and alternative sources of fuel (wood fuel, charcoal, LPG and kerosene) which continue to have predominant usage in both rural and urban areas despite their high costs and health effects (for wood, charcoal & kerosene) in comparison to briquettes. Also, Maa Briquette currently competes with Biogas solution initiatives. However the installation cost is expensive and since a high number of people live below a dollar a day and do not have sufficient animals to provide the raw materials for biogas fuel, the initiatives have not been successful.
Business Model and Distribution Channels
The enterprise generates its income from the sale of the briquettes. The current standard packaging is 35 kg bags that retail at KES.500 (half the price of charcoal). Maa Briquettes plans to diversify its packaging in order to enhance the affordability of its products. Distribution channels include: direct sales, manufacturer representatives, wholesalers, agents/brokers, retailers and direct mail to expand outreach.
Traction to Date
The enterprise has acquired the premises where it set up its locally fabricated briquette making machine for production. It received its first capital through a local bank loan which it repaid in the first six months of operation. It also conducted a market research and has an established market base.
- Maa Briquettes offers the most
- conveniently sized,
- and affordable briquettes in Narok county
- Business experience
- Dedicated team
- George Mochu – Managing Director
- Quality Control Manager