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2024 KCP Application
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SOSO CARE
Org Type
Undesignated
Year Founded
2019
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
Project Summary / Description:
With pervasive poverty, poor healthcare financing and high maternal mortality, less than 3% of Nigeria‚ 200 million population have health insurance as it‚ considered an expensive luxury. Again, Nigeria generates over 34 million tons of waste yearly and about 20 billion PET bottles causing poor sanitation, poor healthcare and affecting the environment SOSO CARE is a low cost micro health insurance which aims to enable millions of people to own a health insurance with as low as one dollar or donate a recyclable which can be sold and the proceed converted insurance premium. This way we use one stone to kill two birds in addressing poor healthcare access, sanitation and environmental sustainability,
Regions of Operations:
Southeast Asia
South Asia
East Asia
Central Asia
Middle East
North America
South America
Eastern Europe
Western Europe
East Africa
North Africa
Southern Africa
Central Africa
Oceania
Caribbean
Other Countries
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Impact on Underrepresented Groups:
Currently we are the cheapest micro health insurance in Nigeria with premium costing less than a dollar for everyone. Also, we are the only insurance that aims to use recyclable garbage to finance healthcare for millions who prefer to donate waste which can be sold and proceeds converted to finance their insurance premium and food stamps which are key problems of the poor that makes us unique. By linking garbage to healthcare access, micro capital and food stamps we are killing 2 birds with 1 stone a as the solution addresses the needs through the following: Access to healthcare to reduce infant and maternal mortality in these regions Improving sanitation & environment in slums and Creating Jobs for the distribution network and waste collectors Access to micro capital Access to food stamps
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Link: Facebook:
https://www.sosocare.com/
https://twitter.com/sosocare1
https://www.linkedin.com/in/sosocare-2a7b79197/