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UN Global Compact Cooking involves strong cultural issues and psycho- social factors

Slides prakti gsvc finals-110518

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Page 1: Slides prakti gsvc finals-110518

UN Global Compact

Cooking involves strong cultural issues and psycho-social factors

Page 2: Slides prakti gsvc finals-110518

EnvirofitEnvirofit

Hundreds of millions of women spend several hours each day preparing meals

Page 3: Slides prakti gsvc finals-110518

Prabir Mallik/World Bank

They cook with their children on the same stoves their grand-mothers used

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PRAKTI DESIGN

But they could be replaced with clean-burning, efficient stoves

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Prakti Design 6

To improve health, alleviate poverty, empower women and protect nature

Improved cookstoves

PRAKTI DESIGN

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Indoor air pollution

Prakti Design Social need - Business model - Operational Strategy - Roll out 7

3 billion people – 200 million diseases – 1.6 million deaths

WHO data

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Excessive fuel consumption

Prakti Design Social need - Business model - Operational Strategy - Roll out 8

Poverty trapDeforestation and global warming

EnvirofitWorld Bank

Page 8: Slides prakti gsvc finals-110518

Prakti value proposition

Prakti Design Social need - Business model - Operational Strategy - Roll out 11

45% fuel consumption & 60% toxic emissions

Affordable, tailored to local needs,and

Healthy Fuel-saving Environment friendly

Assessed by independent labs

Page 9: Slides prakti gsvc finals-110518

User-centered design engineering

Prakti Design Social need - Business model - Operational Strategy - Roll out 13

Co-designing Studying habits Rigorous engineering

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User-centered stoves

Prakti Design Social need - Business model - Operational Strategy - Roll out 14

Household stove Household stove High-volume stoveSouth India North India & Nepal worldwide

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Reaching the last mile

Prakti Design Social need - Business model - Operational Strategy - Roll out 15

Grouped

micro-loans

for batch

purchases

Existing distributors Trained women entrepreneurs

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with affordability and attractiveness

Prakti Design Social need - Business model - Operational Strategy - Roll out 16

“People don’t buy technology, they buy things that change their lives.”

– Jacqueline Novogratz, Acumen Fund

Month 1

$10

25% down-payment

(avg household woodfuel consumption: 130 kg/ month at $0.1/kg)

Monthly pay-back in equivalent fuel savings

+ $5

Month 2

+ $5

Month 3

+ $5

Month 4

+ $5

Month 5

+ $5

Month 6

Stove is paid back

+ $5

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Successful pilot projects over 2 years

Prakti Design Social need - Business model - Operational Strategy - Roll out 20

PCIA Special Achievement Award 2009

Clinton Global Initiative 2009

Successful pilot projects Awards and coverage

Co-chairing the Tech group

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Expanding where fuel is costly

Prakti Design Social need - Business model - Operational Strategy - Roll out 21

India: USD 765 millionhouseholds market

USD 400 millionhigh-volume kitchens market

2010

Biomass use: >50%

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Expanding where fuel is costly

Prakti Design Social need - Business model - Operational Strategy - Roll out 21

India: USD 765 millionhouseholds market

USD 400 millionhigh-volume kitchens market

2010

2011

Biomass use: >50%

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Expanding where fuel is costly

Prakti Design Social need - Business model - Operational Strategy - Roll out 21

Nepal: USD 80 millionhouseholds market

2010

2011

2012 Nepal

Biomass use: >50%

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Expanding where fuel is costly

Prakti Design Social need - Business model - Operational Strategy - Roll out 21

2010

2011

2012 Nepal

2013 Haiti

Biomass use: >50%

Haiti: USD 24 millionhouseholds market

USD 10 millionhigh-volume kitchens market

+

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Expanding where fuel is costly

Prakti Design Social need - Business model - Operational Strategy - Roll out 21

Regions of operations

Biomass use: >50%

2015

Indianmarket shares:

1.5% ofhouseholds

1% ofhigh-volume kitchens

Haiti

Rwanda

Nepal

India

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Expanding where fuel is costly

Prakti Design Social need - Business model Operational Strategy - Roll out 21

Regions of operations

Biomass use: >50%

2020

6 countriesNigeria

Indonesia

Haiti

India

Nepal

Rwanda

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A Triple Bottom Line project

Prakti Design Social need - Business model Operational Strategy - Roll out 23

From 2015, every year ...

22,000 lives saved

$80 - $800 fuel

savings /customer

770,000 tons CO2 saved

Monetized SROI ratio of 17