Thousands of Kenyan farmers will have new financing options to access clean-renewable energy through biogas.
Nairobi, Kenya. – Sistema.Bio, a leading Mexican company in Renewable Energy and Sustainable Agricultural solutions, has today entered into a partnership with Musoni Kenya, a company that works at an intersection of finance and technology to provide financial inclusion to the underbanked and underserved using mobile technology. The partnership signed by the two institutions will see the installation of high quality Hybrid Reactor biodigesters to many small and large scale farmers in Kenya through an innovative financing model.
Less than 1% of Kenyan households use clean/renewable energy for cooking. This indicates that there is a clear need to accelerate access to clean and sustainable energy solutions in order to mitigate the approximately 14000 deaths that occur each year in Kenya due to indoor air pollution as indicated by the UN report. To overcome this challenge, Sistema.Bio manufactures and distributes high-quality, affordable and modular Hybrid Reactor biodigesters that enables farmers around the world to be energy and fertilizer independent. Using the biodigesters, farmer’s collect and treat farm wastes resulting in clean biogas and rich bio fertilizer.
The partnership with Musoni Kenya will accelerate Sistema.Bio’s efforts of reaching more households across the country by leveraging on financial infrastructure and the already established sales and distribution network of this trusted local partner in Kenya. Musoni Kenya will also benefit from the partnership through the opportunity to expand its product portfolio to cover loans advancement towards acquisition of renewable energy solutions. Subsequently, farmers will benefit from the opportunity to acquire the Hybrid Reactor Biodigesters through flexible terms adopted to their individual repayment capabilities.
“Musoni Kenya is excited about the partnership with Sistema.bio which will enable us to leverage each other’s strengths to accelerate access of clean and safe energy by rural households in Kenya”. – said Stanley Munyao, CEO of Musoni Kenya.
The partnership will see Sistema.Bio and Musoni Kenya Limited deliver:
- High quality, affordable and modular bio digesters to farmers to suit their unique needs.
- Financing packages tailored to the repayment capabilities of farmers.
- Quality services and optimum customer program that ensures in depth training and provides free service visits.
- Quality assurance through a 10 year warranty on all products sold
- Marketing support to activate demand for renewable energy products and services
Sistema.Bio and Musoni’s clients will:
- Save money on energy and fertilizer
- Save time spent on fetching firewood
- Have healthier families due to reduced wastes and smokeless cooking
- Contribute to the well-being of the environment
Musoni is a microfinance that addresses rural economic development in Kenya by providing innovative financial services. It leverages Information Communication Technology (ICT) heavily by being cashless, paperless and data driven to manage its operations much more efficiently and to scale rapidly as it delivers better services to the clients.
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