Lulu Solar Enlighting development in Mozambique

Lulu Solar

Lulu Solar

Our mission is to bring decentralized energy, via solar home systems to the more than 20 million Mozambicans that are off-grid. We have studied the market, it is still non existent when it comes to our SHS segment. There is huge potential, huge demand, highly scalable, we just need an investor who shares our passion and commitment in bringing clean energy to Mozambicans, and later the rest of the Portuguese speaking countries.

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We have an elevator pitch. We want you to sign an NDA before we share our business plan. We plan to execute a proven concept in a growing market.
We have an elevator pitch. We want you to sign an NDA before we share our business plan. We plan to execute a proven concept in a growing market.

Provide Solar Home Systems to off-grid households, initial deposit of $20, then customers pay for the SHS KIT under a rent to own agreement, (30 months) , minimum monthly installment of $11.50. Mobile money service will allow them to make flexible payments (Monthly,weekly,daily). SHS basic KIT (3 lamps, phone hub charger, powers radio).

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Celso – Co Founder,Sales&Operations Shams - Co Founder,Finance, Procurement&Evaluation Ricardina Pederneira - Legal Affairs, Manuela Chadreque - Data and Business Analysis Alina Lacerda - Marketing and Sales Uranio Mahnjane – Electronics and PV Equipment Training


Product

We have a working product and you can request a demonstration. The product is built with open hardware and/or software, so there is no proprietary third-party IP.
We have a working product and you can request a demonstration. The product is built with open hardware and/or software, so there is no proprietary third-party IP.

Product ready to launch, MVP done. Viability study done, Market demand is very strong.

Revenue

We plan to start by building a community of passionate customers. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.
We plan to start by building a community of passionate customers. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.

Our Business Model - A rent-to-own payment scheme where households can pay a daily, weekly or monthly amount depending on their financial capacity ( 15% to 30% lower than their current energy expenditure) to use LULU SOLAR’S Solar Home Systems which include the solar panel, 3 or more lights, phone charger Hub, with 3 Solar Home Systems different only in power range, households will own the equipment after the 30 months installments period. payments are made via Telecoms Mobile Money platforms.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates