Initiatives
Players
About
Kuscco’s Jiko Safi "Clean Cookstove" Fund
Launch: 2014 End: N/A
Region:
SSA
Geography:
Kenya
Type:
National
ICS Only?:
Yes
Value/Funding:
N/A
Funder Type:
Foreign Aid, Bilateral Organization
Funders:
USAID, Supported by Winrock
Features:
Technical Assistance
Special Financing
Description:
Dedicated Savings and Credit Cooperative (SACCO) for cookstoves launched by the Kenya Union of Savings and Credit Cooperatives (KUSCCO). Marketers work with SACCOs to help apply for loans from the Jiko Safi Fund, distributor provides cookstove marketing, sales and servicing. In exchange for support in connecting distributors with SACCOs, distributors pay a commission to the KUSCCO marketers for cookstoves sold [1]
Dedicated Savings and Credit Cooperative (SACCO) for cookstoves launched by the Kenya Union of Savings and Credit Cooperatives (KUSCCO). Marketers work with SACCOs to help apply for loans from the Jiko Safi Fund, distributor provides cookstove marketing, sales and servicing. In exchange for support in connecting distributors with SACCOs, distributors pay a commission to the KUSCCO marketers for cookstoves sold [1]
Reach:
Over 13,000 ICS sold as of 2017 ($170,000 in credit provided)[2]
Over 13,000 ICS sold as of 2017 ($170,000 in credit provided)[2]
Goal/Target:
Create a cookstove lending facility that streamlines loan requirements, fosters partnerships with product distributors, and effectively reaches its members, making credit available [1]
Create a cookstove lending facility that streamlines loan requirements, fosters partnerships with product distributors, and effectively reaches its members, making credit available [1]
Sources:
[1] https://www.winrock.org/wp-content/uploads/2017/09/KUSCCOProfile.pdf
[1] https://www.winrock.org/wp-content/uploads/2017/09/KUSCCOProfile.pdf