Startup Profile

PeerCarbon

Nairobi, Kenya

PeerCarbon connects SMEs with clean-tech solutions and green financing via a fintech marketplace, enabling the adoption of sustainable business models

Team members:

Raymond Maiyo

Co-Founder & CEO

Glenn Digollo

Co-Founder & CSO

The problem we're solving

SMEs in Africa face urgent pressure to adopt sustainable practices due to rising energy costs and compliance needs. However, finance remains a major hurdle. The disconnect between upstream funders and downstream users blocks access to green finance. Despite global climate funds, capital isn't reaching SMEs. Local FIs lack carbon accounting tools and climate risk appraisal capabilities, while SMEs struggle with high costs, collateral demands, and complex loan processes, widening the funding gap.

Our solution

Peercarbon bridges the gap by providing a seamless platform that automates the structuring, issuance, and monitoring of sustainable finance for SMEs. Our tools enable banks and funds to assess climate risks, evaluate SME sustainability performance, and develop/scale inclusive green financial instruments. This makes it easier, cheaper, and more transparent to channel transition finance, driving climate-smart business models and unlocking green growth.

Our differentiator

We stand out by combining carbon accounting, green debt origination, and a marketplace for clean-tech solution providers. We automate the entire sustainable finance lifecycle, from structuring to loan servicing, providing end-to-end documentation. Unlike other solutions, we offer a fully integrated, actionable pathway to sustainability that any green lender can plug into, enabling them to originate their own loan terms and drive green finance forward.

Biggest achievement

Our biggest achievement has been securing 12 signed pledges for our "Schools to Zero" program from educational institutions in Kenya and Rwanda. We've also unlocked a $3 million credit pipeline from a green fund, aimed at transitioning schools from traditional wood fuel to steam-powered clean cooking systems, with each loan ticket size of $120K on a lease-to-own model. This initiative marks a major step in reducing emissions, driving sustainability, and promoting climate education.

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