Aeloi’s goal is to make impact funding for microentrepreneurs accountable and accessible using digital tokens. We provide an assured digital link between funders (including development partners, carbon offsets providers, foundations etc), local microfinance institutions, microentrepreneurs, and goods/services vendors. We work specifically with the electric minibus sector in Kathmandu, Nepal. Our system can help ensure that each $1 of investment is used towards building renewable energy powered transportation by providing real-time climate and social impact tracking.
Digital tokens are a flexible form of shop credit only usable at pre-approved vendors, similar to e-vouchers. Our digital tokens are deployed on an SMS platform which doesn’t require smart phones or mobile data.