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A loan of EUR 250,000 will empower 500 families in India to turn their farms into sustainable businesses with a biodigester.
| Amount | €250,000 |
| Interest | 5.25% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
Basic info:
Issuer: Sistema.bio
Currency: EUR
Amount: 250,000
Maturity: 36 months, semi-annually and linearly amortizing
Interest rate: 5.25% p.a.
Read the information document here
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
With a loan of EUR 250,000 Sistema.bio will be able to manufacture and export 500 biodigesters to clients in India. 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.
Impact so far
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.
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 name | Sistema.bio 9 |
| CEO | Alex Eaton |
| Founded | 2010-01-01 |
| Location | Mexico City |
| Sector | Sustainable energy projects |
| Turnover | €1,500,000 |
| Employees | 80 |
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.
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.
