Business Overview

Imagine paying $10 per month to light your home with a single kerosene lantern or cooking dinner on a campfire in your kitchen. Amazingly, over half the people in the world do not have access to safe and affordable products to meet their basic needs for these simple tasks like cooking meals, lighting homes, or purifying water. As a result, billions of people suffer from preventable illnesses, deplorable living conditions, and energy poverty. Surprisingly there are hundreds of affordable products that can safely meet people's daily needs, save people money, and conserve the environment. If these appropriate technologies exist then why are billons of people who live at the base of the economic pyramid not using these products? To address this problem, we have established PowerMundo, an innovative marketing, wholesale distribution, and micro-franchise company that connects people living in poverty to a network of sustainable resources. We manage a worldwide distribution network for clean technology products and support local economic development in emerging markets. As a result, we improve people’s lives, create employment opportunities, and conserve natural resources.

Initial Target Market

After reviewing eight Latin American markets (excluding Brazil), PowerMundo identified Peru as one of the largest underserved markets for appropriate technology. In Peru, 9.2 million people use traditional biomass cook stoves and 7.5 million Peruvian’s live without electricity. Worse yet, 20,000 Peruvians die each year due to respiratory infections. Similarly, the two leading causes of death for Peruvian children under the age of 5 (excluding newborns) are from pneumonia and diarrheal diseases. Many of these health problems are directly related to indoor air pollution and poor sanitation. To reverse these startling statistics, PowerMundo is targeting the most economically disadvantaged areas of Peru where millions of people lack access to affordable appropriate technology solutions. Following our success in Peru, we will scale up our operations to reach other Latin American markets and other underserved areas of the globe.

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Products and Services

PowerMundo coordinates a global network of suppliers, retailers, sales people, and microfinance institutions, to design, brand, and distribute appropriate technology. Our business funnels market information to product suppliers, which helps them develop products that satisfy base of the pyramid customer preferences. Suppliers and manufactures greatly value our services since they receive market research and increased sales with no increase in their marketing budget. PowerMundo supports local economic development by training salespeople to become product distributors. Our microfranchise model creates new jobs and disseminates our products in traditionally hard to reach areas. All products distributed by PowerMundo pay for themselves in less than one year and are healthy for people and the planet. For example, a $25 solar lantern eliminates a $10/month kerosene lamp expense, minimizes indoor air pollution, and reduces CO2 emissions. Our initial product line includes multiple models of: efficient biomass cook stoves, wind-up radios, solar cell phone chargers, and renewable energy lanterns.

Management Team

Our management team has lived and traveled extensively in Latin America and Africa. The team has high level management and entrepreneurial experience in the oil and gas, construction management, and economic development fields. All members of the management team are fluent in English and Spanish.

Location