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Category: Sustainability

KrishalaFintech, SustainabilitySustainability

Krishala Hive: Buzzing with MSMEs in Nepal/Green entrepreneurs, Farmers, Investors, Innovators, and Technology

Empowering Agriculture: Aloi’s Journey with Farmers

In peaceful surroundings where farmers’ hard work and hopes take root, Aloi has combined a tale of transformation and empowerment in the field of MSMEs in Nepal. Meet Aloi, the fintech innovator dedicated to revolutionizing agriculture across multiple sectors, from coffee and dairy to future horizons like tea and seeds. Here’s how Aloi’s journey happens in the heartlands of Nepal, impacting lives and shaping futures.

Coffee: Brewing Success

In the cloudy hills of Ilam, coffee isn’t just a crop; it’s a lifeline for hundreds of local farmers. Partnering with Karma Coffee and Agro Ilam, Aloi introduced digital tokens for finance, catalyzing investments that upgraded the equipment and elevated coffee quality. This initiative didn’t just increase farmers’ incomes by 30% and boost sales for Karma Coffee and Agro Ilam—it cultivated a thriving community where prosperity took root alongside aromatic beans. Aloi teamed up with Karma Coffee, Agro Ilam, and 200+ local farmers to digitally connect people from Gulmi, Lumle and other areas. 

Dairy: Nurturing Growth

Across the plains and valleys, Aloi joined hands with Central Dairy Cooperative Association Limited Nepal (CDCAN) and dairy cooperatives to empower dairy farmers. Digital tokens provided by Aloi facilitated investments in modernization, leading to a 20% increase in milk production efficiency and a 15% reduction in operating costs. Through tech training, farmers embraced sustainable practices and enhanced milk quality, paving the way for a resilient dairy sector poised for sustainable growth. We are conducting a training program where almost 1500+ farmers will be given the opportunity to join. And this training is run by CDCAN and Aloi. 

We have targeted the following areas: 

  • Kathmandu 
  • Bhaktapur 
  • Lalitpur
  • Chitwan 
  • Tanahu
  • Kavre
  • Makwanpur

There will be 3 days of training

where 2 days are led by CDCAN covering the SMART climate funding and the final day is run by Aloi, giving training on Financial literacy.

Tea: Brewing a Bright Future

Photo Credit: Aakriti Gajurel

Looking ahead, Aloi envisions a partnership with tea’s premium clients, set to elevate the industry to new heights. By empowering tea producers with digital finance solutions, Aloi aims to boost production efficiency by 30% and reduce environmental impact by 20%. This collaboration promises increased incomes, sustainability and profitability across global markets. 

Seeds and Beyond: Cultivating Tomorrow

Photo Credit: Ayusha Maharjan

Beyond coffee and dairy, Aloi’s plans extends to other agricultural products like seeds, where digital finance and strategic partnerships will unlock new potentials for growth and sustainability. Farmers, once constrained by financial barriers, now find themselves equipped with the tools and support needed to flourish in a competitive market landscape.

Your Journey: From Dream to Reality

At Aloi, we’re more than finance; we’re about nurturing dreams and growth in agriculture. Imagine yourself as a farmer dedicated to your land, dreaming of expanding your farm and providing fresh produce to your community. Yet, financial barriers often stand in your way.

Enter Aloi, your dedicated fintech partner. We offer innovative digital token loans designed to provide the financial boost you need to turn your dreams into reality. With grit and determination, you seize this opportunity, using our support to expand your farm operations and increase your yields.

Our role doesn’t end there. We go beyond financing to connect you with trusted vendors eager to showcase your premium produce. This collaboration opens doors to local markets and upscale restaurants, where your products quickly gain recognition for their quality and freshness.

Supported by Aloi’s expertise and resources, you transform from a small-scale grower into a thriving commercial farmer. Your fields flourish, your community gains access to nutritious, locally grown food, and together, we cultivate a sustainable future where agriculture thrives.

We’re here to empower farmers like you, making dreams grow as we cultivate a brighter, greener tomorrow.

Conclusion: Cultivating Success, Together

In every field and every farmstead, Aloi is sowing seeds of evolution and reaping a harvest of prosperity. By empowering farmers with financial innovation and fostering sustainable practices, Aloi is not just transforming agriculture—it’s nurturing communities, bridging opportunities, and cultivating a future where every farmer and MSMEs businesses thrive. 

Join us on this journey to support the MSMEs in Nepal, where each success story is a testament to the power of partnership and the promise of a brighter, greener tomorrow.

Author: Malina Maharjan

Sustainability

International Day of Clean Air for Blue Skies

Panel discussion for the virtual commemoration organized by UNEP

Earlier this week our co-founder and CTO Sonika Manandhar spoke at the panel discussion of the world’s first-ever International Day of Clean Air for Blue Skies. The panel was held on the 8th of September celebrating and embarking on the journey of efforts to keep the air clean. This year’s 2020 theme was ‘Clean Air for All’. For the discussion, our CTO was joined by great personalities like H.E. UNPGA, H.E. Secretary-General of the United Nations, and H.E. Minister of Climate and Environment of Norway.

Aloi’s CTO talked about how collective grassroots actions are the solution for cleaner air or climate change in general. Kathmandu became a green city pioneer by launching an electric trolley bus in 1975. After that Kathmandu introduced Nepal to 700 electric mini busses driven by women. At the time those mini busses reduced CO2 equivalent to 17000 to 22000 kg/day compared to buses. Having said that our CTO explained how the same city suffers from air pollution that is five times higher than the safe level right now.

Aloi’s vision is to support informal sector micro-entrepreneurs in the electric vehicle-led public transport sector with affordable finance. Being a daughter of the former micro-entrepreneur herself, she understands how affordable capital is essential for building a prosperous economy. For instance, Sachita, one of our women safa tempo (electric minibus) drivers is an informal sector micro-entrepreneur, and the lack of enough financial footprints to prove her income leads to distrust of banks. Aloi being a fintech software company is helping mobilize the grassroots climate heroes who have been working from the very beginning to tackle climate change and air pollution. We had the solution before, we have the solution now, it takes grassroots actions to tackle global environmental threats like air pollution and climate change.