Tag: Collaboration

BijuliPower (Electric-Vehicle)Partnership and CollaborationSustainability

Steering Change: Empowering Women to Drive Nepal’s Electric Future 

Parbati Shrestha, 38, once spent her days managing household chores until she decided to take the wheel. With Aloi’s support, she became a Safa Tempo (three-wheeler) driver, proving that women can chart their own financial independence on Nepal’s roads. 

Now, with experience and confidence by her side, Parbati is ready for her next chapter upgrading from a three-wheeler to a four-wheeler EV. Her journey mirrors the growing opportunities in Nepal’s green mobility sector, strengthened by projects such as SET4NPL| Driving Sustainable Transportation with EV in Nepal to help more women like Parbati drive toward a cleaner, more inclusive future. 

Empowering Women, Powering Green Mobility 

Aloi Private Limited, established in 2019, is a fintech company bridging finance and sustainability. Through its digital lending solutions and it’s product: Bijulipower, Aloi has helped hundreds of micro-entrepreneurs access finance for green mobility and agriculture. 

SET4NPL is supported by the Mitigation Action Facility on behalf of the German Federal Ministry for Economic Affairs and Energy (BMWE), the UK Department for Energy Security and Net Zero, the Danish Ministry of Climate, Energy and Utilities (KEFM), the European Union, and the Children’s Investment Fund Foundation (CIFF). 

Now, through a partnership with SET4NPL, Aloi is taking its mission a step further empowering women in the public transport sector of Kathmandu Valley by equipping them with the skills, licenses, and financial pathways needed to enter Nepal’s growing electric vehicle (EV) industry. 

The SET4NPL Women Driver Training Program 

This project, implemented by Aloi with SET4NPL’s support, focuses on assisting women who are eager to become electric microbus (EMB) drivers or owners. 

The goal is simple but transformative to increase women’s participation and leadership in Nepal’s green transport sector

Through this program participants receive: 

Comprehensive EV Driving Training 

  1. B-category (car/microbus) license training 
  1. Theoretical and practical sessions 
  1. On-road and lab-based driving practice 
  1. Introduction to electric vehicles and basic maintenance skills 

Empowerment and Capacity Building 

  1. Confidence-building and leadership development sessions 
  1. Road safety, public behavior, and communication skills 

License and Employment Support 

  1. Step-by-step assistance throughout the licensing process 
  1. Job linkages with EV companies, transport committees, or cooperatives 
  1. Guidance for self-employment and entrepreneurship 

Priority is given to financially vulnerable women who are committed to attending the full training and are eager to build a livelihood through EV driving. 

A Journey Toward Independence 

For many participants, this program represents more than just learning a technical skill it’s a doorway to opportunity. 

The Bigger Picture 

Nepal’s transport system has long been a male-dominated professional, but the electric revolution offers a chance to rewrite that story. By combining green technology with inclusive finance and training, the the partnership between Aloi and SET4NPL is creating a future where women are at the forefront of clean mobility. 

Every trained driver is not just a driver but also a role model, a provider, and a pioneer in Nepal’s sustainable development journey. 

When women drive electric, Nepal doesn’t just move, it moves forward. 

About Aloi 

Aloi Private Limited is a fintech company empowering micro-entrepreneurs across Nepal through green finance and digital innovation. 

Aloi provides transparent, efficient, and inclusive financing for electric vehicles and sustainable agriculture. 

📍 Kuleshwor, Kathmandu 

🌐  set4nepal.org 

🌐 aloi.global  

 ✉️ hello@aloi.global 

Partnership and CollaborationFintech, Sustainability

Aloi and Laxmi Sunrise Bank Forge Strategic Partnership to Advance Sustainable and Green Financing

Kathmandu, Nepal – June 19, 2024

Laxmi Sunrise Bank and Aloi are proud to announce the signing of a Memorandum of Understanding (MOU), marking the commencement of a strategic partnership aimed at exploring, evaluating, and potentially initiating and scaling sustainable and green financing through digital interventions.

This collaboration is set to enhance sustainable and green financing initiatives, reinforcing the commitment to environmental stewardship. Also, the partnership will strengthen the bank’s portfolio in the SME and MSME sectors, leveraging leads generated by Aloi to drive growth. By supporting the development of SMEs and MSMEs, this collaboration is poised to make significant contributions to economic progress, fostering job creation and enhancing their impact on the economy. Furthermore, the initiative will include financial literacy and banking-related educational programs for participants identified by Aloi, further solidifying the commitment to economic empowerment and community development.

The agreement was signed by Mr. Dipesh Amatya Chief-RFS at Laxmi Sunrise Bank, and Ms. Sonika Manandhar, Co-Founder and CTO of Aloi. Both parties are dedicated to identifying strategic opportunities within green and sustainable sectors, leveraging their strengths and networks to drive innovation and create impactful change.

This MOU underscores the shared vision of both Laxmi Sunrise Bank and Aloi to foster a sustainable future and drive positive environmental impact through collaborative efforts.

About Aloi:

Aloi is a software platform providing climate financing monitoring for grassroots entrepreneurs. Our software tracks business loan expenditures and repayment automatically to ensure sufficient support and building of trust between lenders and borrowers. For more information, please visit read more about us.

About Laxmi Sunrise Bank: 

Laxmi Sunrise Bank, a premier commercial bank licensed by the Central Bank of Nepal, Nepal Rastra Bank, continues to spearhead transformative initiatives in the Nepalese banking sector. With a wide network of branches nationwide offering a comprehensive range of retail and commercial banking services, Laxmi Sunrise Bank has cemented its position as a cornerstone of the country’s financial landscape via modern technology-driven banking products/services, a progressive business model, and social obligations. The bank aims to use finance to deliver sustainable and green economic, social, and environmental development.

Newsletter

Aloi Newsletter (January 2023)

Aloi Receives National Geographic Society Funding

Together, we’re creating a world that’s more connected and inspired.

We are excited to announce that the National Geographic Society has given significant support to Aloi to accelerate our growth and achieve our vision. Thank you National Geographic Society for their continued trust and support!

Jill Tiefenthaler (left) CEO of National Geographic Society and Sonika Manandhar (right) CTO of Aloi in Korea [Photo Credit: Sonika Manandhar]

More Partnerships Announcements

 
Pourakhi Nepal

Returnee migrants


GhamPower

Solar power for agriculture and EVs

 
Nepal Thopa Sinchai

Greenhouses and drip irrigation

We’re honoured that Tiffany Tong, our CEO, has been chosen as a fellow out of 4000+ applicants from around the world for this accelerator program.

With a refreshing break, our team is geared up with strategy and enthusiasm for 2023

Newsletter

Aloi Newsletter (December 2022)

Partnerships Launched with Two of Nepal’s Largest Banks

Aloi and NMB Bank announce strategic partnerships for Digital Financing.

The agreement between Aloi and NMB Bank aims to leverage each other’s resources and skills in order to deliver innovative solutions to green and sustainable financing, beginning with the electric vehicle market in Kathmandu.

Aloi and Nabil Bank Limited has join hands for Digital Green Financing

The collaboration between Aloi and Nabil Bank seeks to provide digital lending services to electric vehicle entrepreneurs through Aloi’s digital loan and repayment tracking system.