Sustainable Farming Gets a Boost as Pahal Launches Modern Biogas Plant in Collaboration with Sistema.bio
21.12.2023 - 14:07:54
Business Wire IndiaPahal Financial Services Pvt. Ltd. (Pahal), a leading provider of financial services, proudly announces the launch of financing services for innovative biogas solutions aimed at fostering sustainable agriculture and environmental conservation. At a launch event in Kheralu, District Mehsana, Pahal introduced technology-powered biogas solutions by Sistema.bio to individual loan customers. The event was attended by local farmers, government officials, and representatives from Sistema.bio, Accion, and Sa-Dhan.
Sistema.bio provides a prefabricated modular biogas solution that includes a full suite of biogas appliances and connections. This system effectively tackles the pressing challenge of waste management by transforming animal waste into nutrient-rich biofertilizer and clean energy.
"We are delighted to present this revolutionary bio digester product to our valued customers in Kheralu District, Mehsana," said Dharmesh Shah, Associate Director of Pahal. "This technology not only provides a sustainable energy source but also promotes soil health and fertility. Pahal is dedicated to supporting our farming communities while contributing to a cleaner and greener environment. This partnership with Sistema.bio will help us.”
Commenting on the partnership, Nityanand Singh, Senior Business Development Manager at Sistema.bio said, “We're thrilled about this partnership, a major step towards our goal of reaching more farmers and empowering them with clean energy. Modern biogas technology promises agricultural and environmental sustainability, offering renewable energy, improved soil health, reduced emissions, and reduced dependence on fossil fuels.”
“Agricultural technology and assets can help farmers, particularly smallholders, overcome productivity challenges. However, many farmers struggle to invest in it due to limited access to capital and insufficient support,” shared Vishal Ajmera, Senior Director at Accion. “Through our partnership with Sistema.bio and Pahal, we are developing farmer-centric solutions — from product design to loan repayment methods — to ensure the benefits reach the last mile.”
Pahal's initiative is enabling farmers to transform waste into a valuable resource, facilitating a transition to eco-friendly and sustainable farming practices.
About Pahal
Pahal is a company registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance services to low-income households. Mr. Kartik Mehta and Ms. Purvi Bhavsar, ex-bankers with over 50 years of combined experience, founded the company in 2011. Based in Ahmedabad, it has 300+ branches with over 2,500 employees. Currently, Pahal serves over 5,00,000 active clients, with total assets under management of over INR 1,700 Crores.
About Sistema.bio
Sistema.bio India is a social enterprise with its national headquarters in Pune. Sistema works through three axes: technology, capacity building and financing to address poverty, food security, and climate change. It manufactures and distributes very high-quality, affordable and modular hybrid system biodigesters that enable farmers around the world to be energy-efficient and fertilizer independent.
About Accion
Accion is an international nonprofit organización headquartered in Cambridge. Founded as a community development initiative serving the poor in Venezuela, Accion is known as a pioneer in the fields of microfinance and fintech impact investing. To date, it has more than 110 partners in 50 countries.
Sistema.bio provides a prefabricated modular biogas solution that includes a full suite of biogas appliances and connections. This system effectively tackles the pressing challenge of waste management by transforming animal waste into nutrient-rich biofertilizer and clean energy.
"We are delighted to present this revolutionary bio digester product to our valued customers in Kheralu District, Mehsana," said Dharmesh Shah, Associate Director of Pahal. "This technology not only provides a sustainable energy source but also promotes soil health and fertility. Pahal is dedicated to supporting our farming communities while contributing to a cleaner and greener environment. This partnership with Sistema.bio will help us.”
Commenting on the partnership, Nityanand Singh, Senior Business Development Manager at Sistema.bio said, “We're thrilled about this partnership, a major step towards our goal of reaching more farmers and empowering them with clean energy. Modern biogas technology promises agricultural and environmental sustainability, offering renewable energy, improved soil health, reduced emissions, and reduced dependence on fossil fuels.”
“Agricultural technology and assets can help farmers, particularly smallholders, overcome productivity challenges. However, many farmers struggle to invest in it due to limited access to capital and insufficient support,” shared Vishal Ajmera, Senior Director at Accion. “Through our partnership with Sistema.bio and Pahal, we are developing farmer-centric solutions — from product design to loan repayment methods — to ensure the benefits reach the last mile.”
Pahal's initiative is enabling farmers to transform waste into a valuable resource, facilitating a transition to eco-friendly and sustainable farming practices.
About Pahal
Pahal is a company registered with the Reserve Bank of India as a Non-Banking Financial Company that provides microfinance services to low-income households. Mr. Kartik Mehta and Ms. Purvi Bhavsar, ex-bankers with over 50 years of combined experience, founded the company in 2011. Based in Ahmedabad, it has 300+ branches with over 2,500 employees. Currently, Pahal serves over 5,00,000 active clients, with total assets under management of over INR 1,700 Crores.
About Sistema.bio
Sistema.bio India is a social enterprise with its national headquarters in Pune. Sistema works through three axes: technology, capacity building and financing to address poverty, food security, and climate change. It manufactures and distributes very high-quality, affordable and modular hybrid system biodigesters that enable farmers around the world to be energy-efficient and fertilizer independent.
About Accion
Accion is an international nonprofit organización headquartered in Cambridge. Founded as a community development initiative serving the poor in Venezuela, Accion is known as a pioneer in the fields of microfinance and fintech impact investing. To date, it has more than 110 partners in 50 countries.
