What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
There’s nothing like a deadline for delivering impact.
Sistema Biobolsa sells small-scale biodigesters to Mexican farmers to turn agricultural waste into clean energy and fertilizer. In seven years, it has sold 5,000 of its biodigester systems in Mexico, Colombia and Kenya.
If it sells 50,000 new systems in the next five years, it gets to skip the final payment of a five-year loan.
The $75,000 working-capital loan comes from Beneficial Returns, which launched last year to help social enterprises gain access to debt and credit, rather than equity. Beneficial Returns’ Ted Levinson works with borrowers to set targets, and waives the final payment if the targets are met.
Read the full article about Sistema Biobolsa and biodigesters by Jessica Pothering at ImpactAlpha.