Nestled in the heart of Kumasi, Ghana, Jacgk Trust Enterprise, led by Mrs. Gloria Johnson, stands a beacon of sustainability, specializing in the crafting of environmentally friendly cook stoves that efficiently burn fuel while reducing emissions. Despite experiencing growth in some areas, Jacgk Trust faced challenges, particularly in effective bookkeeping arising out of the organizational structure and the lack of essential commercial equipment such as a pug mill and a potter’s wheel needed to produce clay liners for their cookstoves, crucial elements for their expansion.
The Ghana Climate Innovation Centre (GCIC) therefore stepped forward to provide invaluable support to Jacgk Trust. This assistance included fortifying the organization’s structure and supplying the necessary equipment vital for the company’s growth. Thanks to GCIC’s unwavering support, Jacgk Trust not only achieved expanded its operations but also achieved sustainable growth, reinforcing its commitment to eco-friendly practices.
GCIC’s dedicated portfolio management services prompted a re-evaluation of Jacgk Trust’s business model. This reassessment involved a comprehensive SWOT analysis, helping to identify crucial short and medium-term goals for the company’s progress.
Furthermore, GCIC facilitated the hiring of a consultant accountant who played a significant role in developing financial Standard Operating Procedures (SOP) and implementing efficient bookkeeping practices, ensuring the sound financial management of the business operations.
During the initial two quarters of its incubation period, Jacgk Trust witnessed a remarkable surge in sales, with a 150% boost in Q1 and an 80% rise in Q2 compared to their baseline figures. Concurrently, they effectively reduced carbon emissions by over 327,037.50 metric tons, equivalent to the annual emissions of 208,304 Ghanaians. Beyond these impressive figures, they made a tangible impact on their community by providing employment to approximately 345 individuals during specific periods, contributing to job opportunities and financial stability.
The grant provided by GCIC became a strategic investment in invested in essential equipment, including a pug mill and a hydraulic potter’s wheel, significantly enhancing production capabilities by almost 100%. This empowered them to meet market demands more efficiently while maintaining their commitment to environmental friendliness and sustainability. This increase in production capacity also resulted in a corresponding increase in carbon emissions sequestered.
Looking ahead, Jacgk Trust Enterprise has ambitions to expand its reach and impact through increased partnerships and the establishment of multiple production locations to cater to diverse markets. Their strategy includes transitioning from order-based to mass production, improving efficiency, and meeting growing demand more effectively. Additionally, they aim to invest in a dedicated truck for seamless and timely distribution, further strengthening their supply chain.
With Jacgk Trust’s unwavering commitment to sustainability and environmental responsibility, combined with the strategic interventions provided by GCIC, the enterprise is well-positioned for continued growth and a lasting positive impact on both local communities and the global environment.