Investor ResourcesEthanolDecentralized Fuel ATM with KOKO Canister interlock
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What is it?
- KOKO has created a solution that tackles the problem of getting an aspirational, clean cooking fuel from regional filling stations to local shops that sell fast moving consumer goods.
- KOKO Fuel ATMs are installed in local shops within cities, where customers can go to get their fuel.
- Customers bring their KOKO refill bottle and select the amount of fuel they wish to buy from the KOKO Fuel ATM, which then dispenses the selected volume of fuel into the customer’s KOKO refill bottle.
- KOKO Fuel ATMs are replenished by KOKO Fuel Trucks that bring bioethanol from local bunker storage.
- IOT technology ensures that supplies in KOKO Fuel ATMs are optimized and never run out of fuel.
Gain Creators
For the company:
- Safely brings bioethanol into urban neighborhoods
- Fuel ATM screen can play targeted adverts to customers refilling their bottles
For the customer:
- Access to a fuel that is more affordable than charcoal and LPG
- Access to an aspirational fuel, often within 500m of their homes
Pain Relievers
For the company:
- By using existing fuel transportation and storage infrastructure, KOKO is able to focus on solving the problem of how to get ethanol from fuel depots into kitchens
For the customer:
- There is always fuel in the ATM; no wasted trips
- The bottle used for refilling is more robust than generic plastic bottles; no spillage from breakages
Related Innovators
Currently, no other clean cooking companies are selling ethanol through a network of distributed “ATM” machines.