Kathmandu, Nepal


Category: Awardee / Achievement

Awardee / Achievement

National Geographic Society’s 2020 Class of Emerging Explorers

Aloi’s CTO & co-founder, Ms. Sonika Manandhar

A week ago, the National Geographic Society announced their 2020 Emerging Explorers and our

co-founder Sonika Manandhar was one of them. This award is a recognition to a decade of Ms. Sonika Manandhar’s work as a computer engineer and for the work, we do at Aloi. Along with her, there were other seven incredible 2020 Emerging Explorers: Enrique LomnitzDiva AmonJoy BuolamwiniAdams CassingaTamara MerinoAnthony Obayomi and Ali Pressel. Congratulations to all these incredible changemakers doing their part to transform the world for better.

National Geographic Society recognizes and elevates the global changemakers and helps shine the light on the work they are doing around the globe. These global changemakers of the latest class of 2020 are chosen for empowering the next generation of changemakers and to show the power of science and exploration to transform the world.

Awards like these always motivate companies like Aloi and individual changemakers like Ms. Sonika Manandhar to do remarkable works illuminating the issues of our world and transforming them for the better. We would like to thank the National Geographic Society for the recognition of our work. Here’s to changing the world with technology and exploration!

Awardee / Achievement

Co-founder and CTO of Aloi Private Limited, Sonika Manandhar- Winner of Lead2030, SDG 9

Aloi Private Limited is honored to have our co-founder and CTO, Sonika Manandhar as one of the Lead2030 Challenge Winners for Sustainable Development Goals 9 among 11 young leaders from around the world. We would like to thank, One Young World and Standard Chartered for such a huge initiative of Lead 2030 and for recognizing our work.

The challenge is how can we re-imagine solutions to finance the growth of SMEs and trade to unlock prosperity for the world’s communities and to give solutions to this problem. Aloi Private Limited will be working towards it with the support from Standard Chartered. Aloi’s platform works with informal sector micro-entrepreneurs who do not have any collateral or credit history, so they borrow at high-interest rates. Aloi helps them access tailored loan products, increase business income, and automated personalised services, such as business skills support.

By winning Lead2030, Sonika Manandhar has enabled Aloi to expand to 12,000 borrowers and vendors next year. We are more than honored and excited to work with the support of One Young World and Standard Chartered.

Awardee / Achievement

Winner of Social Innovation Challenge 2019

Our team is excited to be a final winner of the Social Innovation Challenge 2019 hosted by the Civil Society Academy (Welthungerhilfe). Thanks to CSA’s funding, we’ll be able to scale our current agriculture pilot. Watch our pitch!

Awardee / Achievement

She Loves Tech Nepal Winner!

Aloi Private Limited won the Nepal national finals for She Loves Tech today! She Loves Tech national finals in Nepal was organized by Unlimited Ventures.

All finalists will participate in week-long boot camp in Beijing with visits to leading Chinese tech companies and incubators, networking with investors and cultural visits before the finals. We’ll also be pitching in the final round in Beijing in September 2019.

Awardee / Achievement

Winner of UNCDF and UNESCAP Women MSME Fintech Innovation Fund!

Excited to be one of two companies from Nepal

Aloi Private Limited is thrilled to be one of the winners of the Women MSME Fintech Innovation Fund by UNCDF and UNESCAP.

Quoted from the press release: “The Women MSME Fintech Innovation Fund provides risk capital and technical assistance to pilot technology enabled financial service solutions for women-led enterprises. Out of the 110 applications received, the top 30 proposals were asked to pitch their ideas to an independent investment committee made up of industry experts and regulators.

Over the next year, ESCAP and UNCDF will provide financial and technical support to the ten winning companies as they develop and pilot their business initiatives. In the short-term, the initiatives aim to support more than 9,000 women led MSMEs in Bangladesh, Cambodia, Fiji, Myanmar, Nepal, Samoa and Viet Nam.”

Awardee / Achievement

Aloi Wins Jury Choice Award at Social Innovation Challenge 2019

Hosted by the Civil Society Academy and Welthungerhilfe