Business in energy
Name business: Ikibatsi
Entrepreneur: Evariste Habimana
Finance need: 6000 USD
Year of establishment: 2014
Ikibatsi plans to be a green and alternative energy product provider in Africa. At the initial stages of business, Ikibatsi is offering charcoal briquettes but it targets also to produce powdered fertilizers. Major players in the industry currently sell their products in open air markets. Ikibatsi uses a direct sales strategy going directly to the homes of consumers. This enables small households to better access the products. Ikibatsi is able to offer good quality at additional savings to this market the other companies do not directly target. The company aims to bring a clean and durable solution in the energy sector to make the difference in an environmentally safe manner. Ikibatsi will realize its mission through the production of charcoal briquettes to be sold in Kigali and the Bugesera district where the company has found that they need durable and affordable, clean and smoke-free briquettes. This will lead to the company’s growth through approaching small to big buyers of charcoals.