EMBARQ India Rickshaw Rising Workshop - three wheelsunited
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Feb 22, 2012
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Size: 2.57 MB
Language: en
Added: Feb 22, 2012
Slides: 17 pages
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Three Wheels United Bangalore Presentation Subject: MyAuto
About us Three Wheels United India Services Private Limited (TWUISPL) is an Indian registered Private limited company TWUISPL is a subsidiary of TWU B.V. (a Dutch registered entity)
About us TWUISPL is a Social enterprise focusing on the Indian Auto rickshaw ecosystem, with emphasis on the following: improving the quality of life of auto drivers Reducing environmental degradation caused by auto rickshaws
About us TWUISPL’s performance is measured by triple bottom line approach: Social Return on Investment Environmental return on investment Last, Financial return over investment
Genesis – The Hybrid TukTuk Battle The Hybrid TukTuk Battle was organized by our technology partner Enviu to develop cleaner and more fuel-efficient auto rickshaws (http://hybridtuktuk.com) Involved 7 Universities – 4 from Netherlands and 3 from India Teams developed retro-fit kits for existing auto rickshaw engines The kit from the best team would be retrofitted on existing two and four stroke auto-rickshaws Kit expected to be market-ready by early 2011 En-cash on carbon credits to subsidize cost of kits/pass on benefits to the driver Winning Team Lower Emission Higher Mileage HAN University (Netherlands) NO-69%,HC-21%,CO-8%,particles-43%,CO2-37% 30-50%
Problem areas… Limited Earning Potential (Rs. 100 to 150 per day) No access to finance from Banks Exploited by Private Money Lenders No Social Security Low Self Esteem Noise and Air pollution
The Solution Auto Rickshaw Maintenance Fund (An Option to the Driver) Auto Rickshaw Community Forum
Community Involvement Community Co-ownership
SHG / JLG development Work in partnership with NGOs / Co-operatives Develop SHG groups of drivers through partner organizations for their holistic development Once SHGs formed and tested for its coherence, infuse external funding into the SHGs for new vehicles
Community co-ownership 10% equity shares of TWU-I will rest with community of drivers who are part of our system In addition to SHGs under various partner organizations, driver groups will be organized under city level driver bodies with TWU involvement
The System
Status Update Partnership with two Social organizations having access to 4000 auto drivers 250 drivers already formed into groups Weekly savings by drivers begun Expected to have 2500 drivers by the end of 2012 organized into groups 300 new vehicles to be released by the end of 2012 with rollout of all other products/services
Major Challanges Banks not willing to do business with drivers Attracting Quality talent into the company Scale up challenges
Partners Our Major Shareholders: Enviu Foundation dob Foundation Knowledge partners Context International Other local NGOs and co-operative societies Technology Partners : REVA Electric car company Eco Tuk BV (Netherlands)
Mission To improve the lives of at least 200000 people including over 50000 auto rickshaw drivers in Bangalore in the next 5 years and at least 1 million drivers in India over the next 10 years through financial inclusion, generating alternate channels of revenue and making them environmentally and socially responsible
Enmeshing into the community
A million dreams to fulfill…A billion lives to touch