Oolu

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Summary
The company’s mission is provide sustainable energy and financial services to the 150 million people living off-grid in West Africa. Leveraging business solutions to address energy poverty and financial exclusion, Oolu provides high-quality products, local-language customer service, and market-adapted finance plans to rural communities across the region. With ambitious plans for regional growth and product innovation, Oolu remains focused on creating energy access and financial inclusion for all, creating new opportunities for off-grid communities.
Company Goals

Oolu was founded in 2015 by Nilmi Senaratna and Dan Rosa, and incubated in Y Combinator. The company’s mission is to provide off-grid households with high quality products at an affordable price.

For a low monthly fee, paid through mobile money, Oolu installs a pay-as-you-go solar kit that can power various in-home devices such as lights, phone chargers, radios, fans and televisions, and performs any necessary maintenance, including free battery replacements and system upgrades. The offer appeals to off-grid clients who often struggle with unreliable and dangerous lighting sources, such as flashlights, candles and kerosene, and are forced to walk long distances to charge their phones.

OUR IMPACT

Oolu is a venture-backed company with a social mission. We build trust with our clients to have a lasting impact in our communities. Our impact focus is on energy access, education, access to information and job creation.

ENERGY ACCESS

Oolu’s solar home systems provide households with brighter, more efficient lights and in-home chargers at a small fraction of their standard monthly energy expenditure. We replace dim, low-quality flashlights and lamps with the best technology available. By doing so, we also eliminate the need for rural people to travel kilometers to nearby electrified villages to charge their phones. We believe everyone deserves affordable, reliable energy and that clean energy is the future.

ACCESS TO INFORMATION

Oolu provides needed quality products and related services which act as a stepping stone to accessing information and connecting people. The ability to charge phones easily and conveniently provides children and families access to the internet, a means to connect with family and friends, and even business and employment opportunities. This is just the beginning. Oolu is committed to connecting people with the fast-paced, ever-changing world around them.

EDUCATION

Everyone has a right to education and information. Lighting from Oolu’s distributed solar home systems allows children to study an average of one to two hours longer each night — the single most important advantage in the eyes of our clients.

JOB CREATION

The renewable energy sector is on the fast-track to becoming one of the largest employers in Africa. Oolu chooses excited and motivated local employees and trains them through the Oolu Training Academy. In a fast-paced and exciting start-up environment, Oolu offers a creative space for thinking outside the box and ensures opportunity to a talented local workforce.

Company Profile
  • Africa | West
Countries:

Mali, Senegal, Burkina Faso, Nigeria

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