Location: Tamil Nadu, India
India is the second most populous country in the world, and more than two thirds of its population relies on biomass like charcoal and wood to cook every day. When so many people are burning wood it leads them to cut down trees solely for that purpose, causing deforestation. Another danger comes from indoor air pollution, which can cause respiratory diseases, heart disease, and cancer. This is especially true for women and children, as they are usually the ones cooking at home. The stoves normally used in India are cheaply made and of poor quality making them inefficient as well as cumbersome for consumers.
The nonprofit organization TIDE recognized that the technology existed to provide better, more fuel-efficient stoves, but it wasn’t reaching the market. Sustaintech was founded in 2009, using a business model to reach more people with their products. Sustaintech’s PYRO brand of stoves is designed to be not only fuel-efficient, but also safer than traditional stoves, and completely smokeless. They have created multiple designs to fit people’s needs, from small businesses selling food on the roadside to daily household cooking. They are also concerned with providing a quality product to ensure that fuel efficient stoves are adopted by as many people as possible, saving consumers money, protecting their health, and reducing CO2 emissions.
Sustaintech estimates their stoves use 30% to 50% less wood than traditional stoves, saving between 7 and 10 tonnes of firewood per year. For a small business, this means less money is spent on fuel, increasing profits. Sustaintech calculates that with the money saved on fuel, one of their stoves can pay for itself within a year and create additional profits of 14,000 to 20,000 Rs. (about $225 to $320 US) per year. In 2013, Sustaintech set itself goals to sell 10,000 stoves to commercial kitchens, open six more distribution centers, and train 40 more producers and 160 more salespeople. In addition, they will be seeking new financing through investors and carbon credits to reduce the price of their stoves. Is your kitchen fuel efficient?
Environmental impact: Avoided deforestation, efficient fuel use, avoided use of fossil fuels, including reduced emission of GHGs and harmful substances
Looking to discover more impact ventures? Join us at www.groundupproject.net