Phitrust Partenaires is an investment company dedicated to financing and supporting projects with a strong social impact. The fund is labeled European Social Entrepreneurship Fund (EuSEF). It provides mentoring and financial support to small and medium-sized for-profit companies that create a positive social and environmental impact.
Total: 300k€
Stake: 11,04%
First investment: December 2021
THE COMPANY
Kajou is a social enterprise created in France in 2019 by the NGO Libraries Without Borders to meet the needs of populations that do not have access to the internet, i.e. 50% of the world population. Kajou makes a large amount of content with a high educational and informative impact accessible to populations with little or no internet connection, thanks to a technology developed in partnership with Capgemini. Kajou offers microSD cards, which, when inserted into a smartphone, allow the user to browse and share up to 32GB of selected content in local languages. Kajou interacts with users, sending them notifications, messages, polls or even news via the Internet or SMS.
INVESTMENT HIGHLIGHTS
– Hybrid service, which can be used with or without an internet connection and thus reach a larger population
– Project born within the association Libraries Without Borders, a recognized NGO with a strong field experience
– Strong social impact on populations that do not have access to educational content
SOCIAL/ENVIRONMENTAL IMPACT
– Easier access to education and training for populations with little or no Internet connection in West Africa
– Better informed populations about their health
– An increase in the standard of living of the populations
Leading team :
Jérémy Lachal, co-founder and general director of Libraries Without Borders
Website: https://www.kajou.io/
