Location: Antananarivo, Madagascar
Founded in Madagascar, HERi Madagascar S.a.r.l (HERi) is an enterprise with an inclusive business model that connects rural communities with access to clean energy, enhanced livelihoods and opportunities for sustainable development. HERi’s kiosks are operated as franchises by local female entrepreneurs. These energy-enabled kiosks are both retail outlets for life-enhancing products, and purchasing hubs for high-value crops – increasing both access and income within the communities we serve. Today the company has 85 kiosks, reaching a network of 200,000+ low-income rural households every day. By the end of 2017, HERi targets 150 kiosks within Madagascar with ambitions for international growth. This report was produced for the Social Stock Exchange Annual Research Book 2017. It delivers an independent take on the Environmental, Social, Governance, as well as Economic performance of the members of the Social Stock Exchange.
