Algramo (Accelerator)

Company Description: Their business model is focused on a distribution channel of basic needs products in bulk. Revolving around retail sale through dispenser machines in returnable packaging they aim at reducing prices, responding to the problem of lack of liquidity in low-income families that cannot buy higher volume formats, combating poverty tax and further reducing the environmental packaging impact. Algramo aims to establish a wholesale relationship with manufacturers of consumer products such as detergents, rice and oil, amongst others, in order to buy the products in bulk, saving packaging costs significantly without lowering the quality of the product . Thus, bulk suppliers are able to distribute products in stores in large quantities, whilst reducing logistics costs.