REDUCE HARMFUL COOKING FUMES
The following recent projects demonstrate the practices of Vista Ventures Social Impact Fund in its efforts to bridge the “pioneer gap.”
REDUCE HARMFUL COOKING FUMES
Millions of households cook on three stones in poorly ventilated spaces. The result is asthma and other respiratory illnesses particularly among their children. These housesholds cannot even afford the $40 cookstoves that are available in some markets.
Mukuru Clean Stoves in western Kenya seeks to eliminate those health hazards with its simple, rugged one-burner stoves that selll for only $10. With Vista Ventures assistance, the company is expected to triple its 2018 sales in 2019 and be profitable for the first time.
METERED WATER IRRIGATES SMALL FARMS
Most of the world’s poor farmers eke out a living on less than six acres. Climate change has made the availability of water for irrigation even less predictable.
Oorja Development Solutions is implementing a system of solar-powered pumps (replacing diesel) which meter water to individual farmers so they pay for only what they consume. Few can afford their own pump. Vista Ventures is helping to raise capital for Oorja.