Le projet

NB: ONLY TAX RESIDENTS OF THE NETHERLANDS ARE ALLOWED TO INVEST IN THIS OFFER

Warning

• In the coming period there are different conditions for this partner. More information can be found here.
• The interest rate has been temporarily increased by one (1) percentage point to accommodate the growing uncertainty associated with COVID-19.
• In addition, this investee is allowed - provided they continue to comply with the applicable covenants - to refinance future repayments to Lendahand investors with the funds raised from this project.
• Repayments occur after 12 months, 18 months and 24 months.

Basic info:

Issuer: Sistema.bio
Currency: EUR 
Amount: 50,000
Maturity: 24 months, semi-annually and linearly amortizing 
Interest rate: 6,5% p.a. 

Information document issuing entity (NL)

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 50,000, Sistema.bio will be able to manufacture and export 125 bio-digesters from our manufacturing plant in Mexico to our clients in Kenya. 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 will also boost our operations in Kenya where we have already created 40 jobs in the local communities.

The EUR 50,000 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 Kenyan 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.

Hannah’s story

Hannah is a smallholder farmer but she is also a wife, a mother of four and one of the first women at Ndiri-ini Village, in Kiambu County to increase her farm´s productivity and family well-being with a Sistema.bio Hybrid Reactor plant.

A year ago Hannah was spending 50 USD inexpensive fossil fuels and she was spending money in the health clinic because she developed chest problems resulting from the daily inhalation of smoke.

Hannah decided to invest in a Sistema.bio digester, now feels healthier, has enough energy to cook for her family at no cost, and saves the money that would otherwise be burnt off on wood fuels.

But the benefits of the system are not only in her health, now Hannah is generating and using her own fertilizer which has increased her farm productivity and has enabled an annual saving on fertilizer of at least 80 USD. She also sells the extra biofertilizer giving her a weekly extra income. With the cost savings, Hannah pays for her children’s education as well as reinvesting in her farm.

With this loan, we will be able to increase the sustainable productivity of more farmers in Kenya and at the same time protect the environment.

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