Beneficiaries

Trace Eco Solutions Limited
Quick Info
Tel: +254 0722114217
Email: kevin@tracekenyagroup.org
Website: www.tracekenyagroup.org
Industry: Waste/Recycling /Construction
Funding Raised: Raised KES 1.3M in seed funding in 2017
Funding Required: Not Available
Use of Proceeds:
- Product certification
- Marketing
- Health and Safety training
- Equipment
Revenue Forecast:
2018 |
2019 |
2020 |
1.8m |
5.2m |
8.9m |
Number of Employees: 7
Business Description
Trace Eco Solutions is a vibrant social enterprise currently based in Gilgil, Nakuru County and has been in operation since 2014. It produces and sells eco-friendly building products such as roofing tiles and building blocks made out of waste plastic and glass.
Problem/Solution
Solid waste is one of the main environmental polluters
Products/Service
Trace Eco Solutions Limited produces roofing tiles and building blocks made out of waste plastic and glass. The company borrows technological and technical ideas from other proven and renowned international players in the sector such as Eco pavers in Hong Kong and Tereco Pty in South Africa. The machines crush glass waste
Market
There is high demand for building products in Kenya with an estimated 300,000 housing units deficit annually. The demand for roofing tiles has also increased with construction companies importing the tiles to meet market demand. Trace’s target market
Competitive Landscape
Trace Eco Solutions seeks to pioneer production of
Business Model and Distribution Channels
Raw waste materials (plastic and glass) are sourced from both formal and informal recycling enterprises within and outside Nakuru county. Shredded plastics costs between KES 30 – 40 per kg while glass at KES 10 per kg. Production is carried out in Gilgil where the crushed glasses and plastics are pressed into a hard to break roofing tile ready for sale.
Traction to Date
The company has recently set up a pilot manufacturing plant in Gilgil with a capacity
Competitive Advantage
- Eco tiles and blocks are: lighter, cheaper, resistant to growth of molds, aesthetic, easy to stack and build, and 100% recyclable
- Established strategic partnerships
Management Team
- Kevin Main – Founder/CEO
- Hope Mwanake – Co-Founder
Key Advisors
- Sophie van den Berg – Senior Solid Waste & Recycling Adviser, WASTE NL
- Prof. Frido Smulders – Associate Professor of Design, Innovation & Entrepreneurship, Technical University of Delft, the Netherlands
- Saskia Reus – Director Business Incubation Program, Aqua For All & CEO Africa Funded