Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Jibu raises $7 million to expand clean water franchises



The social enterprise uses a franchise model to help locals in Eastern and Southern Africa start businesses that provide clean water to their communities.

Close to 850 million people worldwide lack access to basic water services. The capital from Jibu’s Series B round will be used to expand in Kenya, Uganda and Rwanda, where the company has already helped launch 200 local water businesses.

Jibu is also testing a new franchising model in Zimbabwe and Tanzania, where it uses a local partner to manage the franchising process. “We’re partnering with local developers that have local market expertise to reach scale faster,” Jibu’s Kelli Schroeder told ImpactAlpha.

Jibu’s funding round was backed by the Conrad N Hilton Foundation, Danone Communities, the Stone Family Foundation, Africa Healthcare Fund, Maclellan Foundation, Segal Family Foundation and NRD Capital.

You might also like...