funding gap emerging markets
Kenya

Sistema.bio 24

  • Sistema.bio
  • Direct investment
  • + 336 other investors
  • With an investment of EUR 180,000 Sistema will empower 450 families in Kenya and turn their small farms into sustainable businesses with a biodigester. *only for tax residents of the Netherlands*

    €180,000
    Amount
    5.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€180,000
    Interest5.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 hour on 19 November 2021.
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      Summary

      Basic info:

      Issuer: Sistema.bio
      Currency:  EUR 
      Amount: 180,000
      Maturity: 6 months, semi-annually and linearly amortizing 
      Collateral: N.A.
       

      Documentation

      Information document issuing entity

       

      Summary

      Sistema.bio is a Mexican social enterprise that has been operating since 2010. We manufacture, sell, distribute, install, and finance high-quality biodigesters as turnkey packages for small-scale farmers. Our mission is to create value from waste all around the world: renewable energy (biogas) and organic fertilizer.

      The problem: smallholder farmers produce almost 80% of the worldwide food. However, they are also the population that faces important barriers such as climate change, soil degradation and lack of access to financial services to improve their lives. 

      The solution: biodigesters and full wrap-around service allow farmers to benefit from what used to be a problem (manure) to transform it into renewable energy. The digester also is a waste management system and contributes to eliminating pollution spots and reducing greenhouse gases. In that way, farmers can cook without smoke, avoiding pulmonary diseases, and also increase the productivity of their farms with organic fertilizer.

      Sistema.bio has a holistic approach to address poverty, food security, and climate change, we work through three axes: technology, capacity building and financing. This solution allows us to solve problems efficiently and end the circle of disadvantages that previously seemed impossible to break, to create a more sustainable, equitable and empathic world without waste. 

      The project

      Our goal is to ensure that our clients reap all the possible benefits from their Sistema.bio digester by ensuring long-term adoption and strong return on investment.

      How do we do this? Our approach consists of 6 steps: https://goo.gl/fB12nX

      With their loan, farmers can pay the system with the savings they are making in fertilizer, wood, charcoal or LP gas; allowing them to pay for the whole system and service within 9-10 months on average, maximizing their return on investment.

      With a loan of EUR 180,000 Sistema.bio will be able to manufacture and export 450 biodigesters from our manufacturing plant in Mexico to our clients in Kenia. After the half-day installation provided by Sistema.bio, farmers will start displacing fossil fuels, powering their farms with renewable energy and increase their crop production with organic fertilizer. 

      The loan addresses the gap between the moment the biodigester is produced and the moment it is installed and paid by small farmers. Each euro we´re going to receive from Lendahand community will cover the cost of manufacturing, shipping and installing biodigesters ordered by our clients. Once the biodigester is ready to be used, after an approximate 6-month cycle, our client pays it. Therefore, the euro lent by Lendahand to Sistema.bio is given back to the community.

       

      The team

      Alex Eaton

      CEO and co-founder of Sistema.bio, Alex was working on solar energy projects in Central America when he discovered the potential of biodigesters and transformed a low-quality technology into a sustainable, empathetic, profitable and global social enterprise.

      Esther Altorfer

      CFO of Sistema.bio, Esther is passionate about leveraging innovative financing structures to improve access and affordability of biodigesters to small farmers.

      Raymond Chepkwony

      Country Director for Sistema.bio Kenya, Raymond is complementing the team with his last-mile agricultural financing and operations experience to bring the Sistema.bio digester into thousands of Kenyan homes.

      Partners

      ●       BID

      ●       ENGIE

      ●       LCEF

      ●       Factor[e]

      ●       Shell Foundation

      ●       Kiva

       

      Awards

      ●       Social Business of the year, 2010 Businesses in Development (BiD Network)

      ●       Switzer Environmental Leadership Fellow

      ●       Fellow Ashoka, New Ventures Mexico

      ●       Buckminster Fuller Challenge 2017 Finalists

      ●       Endeavor entrepreneurs

      ●       B Corp

      ●       GIIRS Company

      ●       UBS Visionaries

      Company nameSistema.bio 24
      CEOAlex Eaton
      Founded2010-01-01
      LocationMexico City
      SectorAgriculture
      Turnover€4,000,000
      Employees80

      Impact

      Creating renewable energy from organic waste, Sistema.bio addresses poverty, food security, and climate change with their innovative biodigesters. Their goal is to allow farmers worldwide to transform manure from a problem into a solution via biogas using biodigesters. Rural households in emerging markets, such as India, lack reliable electricity access and often rely on harmful kerosene for lighting and firewood for cooking. These are harmful to users’ health and contribute to pollution. Sistema’s biodigesters allow farmers to increase their productivity while reducing their waste and greenhouse gas emissions. As the farmer’s family can cook on clean and free biogas every day, it also contributes to a healthier home environment for their families.

       

      SDGs impacted

      With this project you are contributing to the following Sustainable Development Goals:

      SDG 1 - No poverty

      SDG 2 - Zero hunger

      SDG 7 - Affordable and clean energy

      SDG 13 - Climate action

      Read more about the impact you can make through our platform and the SDGs on our impact page.
       

      Related blog posts

      • Read our interview with Sistema.bio here.
         
      • Grace tells us how she saw her life changed by cow dung, read her story here.
         
      • Read the introduction of Sistema.bio as our new portfolio company here.
      • With this investment 450 biogas digester systems are installed
      • With this investment 2250 people are reached

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      We have already contributed for Sistema.bio 24

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