KencoCo recycles coconut waste into charcoal briquettes as a safer, cleaner fuel alternative. They have identified a large potential market of 300,000 households in their area that currently use biomass for cooking. KencoCo aims to gain a 10% market share in 2017. Their charcoal briquettes burn longer and cleaner than traditional wood charcoal. KencoCo employs 15 people directly and supports many others indirectly through their supply chain and distribution network. They are seeking a $6 million convertible loan to expand their production capacity and transportation.
2. OUR BUSINESS
At KENCOCO we RECYCLE coconut WASTE to provide a
Safer, Cleaner and Healthier source of fuel by converting it
into charcoal Briquettes.
3. MARKET OPPORTUNITIES
STOCKISTS
RETAILERS
SUPERMARKETS
HOUSEHOLDS
• 80% of the population in kilifi uses biomas to cook giving us
a potential market of 1.2 million or 300 thousand households.
We aim for only 10% market share in 2017 or 30,000
households
SCHOOLS
HOTELS
RESTAURANTS
DIRECT DELIVERY
6. BARRIERS TO ENTRY
Experienced Team
Exclusive Relationship with raw material
suppliers
Exclusive KEBS Certification
Research and Development Department to
Research on Improving Quality
9. SOCIAL IMPACTS
• 15 direct employees-12 of them women
• 100's more indirectly as rm suppliers and fg
distributors
• 5 additional workers in 2017 and empower
more as we grow
For every tonnes of briquettes consumed:
25 TREES SAVED 5 TONNES OF CARBON-
RELATED EMISSIONS ARE
AVOIDED
10 PEOPLE MINIMIZE
THEIR RISK OF
RESPIRATORY ILLNESS
10. MANAGEMENT TEAM
SAID TWAHIR
CEO/CO-FOUNDER:
20 years experience In Marketing
and Administration
SHUKRY SAID TWAHIR
DIRECTOR & CHIEF OPERATING OFFICER
Logistics and Distribution
NAJDA MAZRUI
DIRECTOR
10+ Years Experience in
Finance and Administration
11. INVESTMENT
CONVERTIBLE LOAN: 6 million
-BUILD 5 CARBONIZATION KILNS=3M
To carbonize coconut
waste
-TRUCK= 3M
To transport char
from different
locations
