The loan supports the expansion of biogas technology to smallholder farmers in East Africa
November 19, 2018
Mexico City – Sistema.bio the leading international supplier of biogas technology to smallholder farmers has raised funding from impact investor Triodos Investment Management through its Hivos-Triodos Fund. The loan will support Sistema.bio in its ambition to reach over 200,000 farmers in the next three years around the world, especially with its expansion in East Africa.
“Hivos-Triodos Fund aims to promote access to renewable energy and contribute to the development of sustainable agricultural chains in developing countries. Sistema.bio is a champion for smallholder farms that are energy independent, profitable and climate-friendly. We are confident that our partnership will improve farmer livelihoods and help increase Sistema.bio’s outreach.” Said Karel Nierop, Fund Manager of Hivos-Triodos Fund
Hivos-Triodos Fund joins a group world-class impact and venture capital investors that support Sistema.bio’s mission to bring technology, training and financing to the smallholder farmers around the world.
“We are excited to partner with institutions that share our commitment to sustainable agriculture and the fight against climate change and poverty. Hivos-Triodos Fund will enable Sistema.bio to accelerate our growth and impact.” wrote Alexander Eaton, CEO and Co-founder of Sistema.bio.
Sistema.bio is a social enterprise uses innovative technology, capacity building and inclusive financing to address poverty, food security, and climate change. Sistema.bio manufactures and distributes high-quality, affordable bioreactors that enable farmers around the world to convert waste into energy and fertilizer. By providing flexible interest-free repayment plans and comprehensive monitoring services, Sistmea.bio works with farmers to ensure they become more sustainable, independent, and productive. www.sistema.bio
About Triodos Investment Management and Hivos-Triodos Fund
Triodos Investment Management is a globally recognised leader in impact investing – offering investable solutions to address today’s most critical sustainability challenges. With over 25 years of experience in investing for impact, it has established global expertise across Socially Responsible Equities & Bonds, Energy & Climate, Inclusive Finance, Sustainable Food & Agriculture, and Sustainable Real Estate. Assets under management as per 30 June 2018: EUR 4.2 billion.
Established in 1994, Hivos-Triodos Fund is a joint initiative of Triodos Bank and Hivos and one of the first movers worldwide in financial inclusion investments. Nowadays, the fund invests in scalable organisations in emerging markets to catalyse a sustainable, inclusive and green economy, specifically in financial inclusion, sustainable food & agriculture, and (off-grid) renewable energy solutions. www.triodos-im.com.