funding gap emerging markets
Kenya

Solar Home Systems 9

  • BNF
  • Local partner investment
  • + 29 other investors
  • With a loan of EUR 31,600 Kukei and 70 other households will be able to buy solar panels to put on their roofs.

    €31,600
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€31,600
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 28 July 2016.
      Choose amount
      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Kukei Ole Kiloko lives in Naibor ,ildigiri village. He has six children and all of them are in school. He had to walk along distance at least once a week to the urban area to bring kerosene. His children use a lantern to do their homework every evening. They have been complaining of eye problem because of the soot produced by the lantern.His wife who uses also a lantern while cooking supper has developed eye problems. Kukei and other clan men sleep outside during the night to watch over their flock from wild animals.

      Once he acquires the solar home system the children are expected to perform well in school because of extended study times in the night with the mother and children saving medical cost of seeing an optician. Moran who are the young men will begin enjoying their sleep because the security lights are on all night scaring the wild animals away.

      Company nameSolar Home Systems 9
      CEOKukei Ole Kiloko
      Founded2016-01-01
      LocationIndigiri/Narok
      SectorServices
      Turnover€0
      Employees71

      Impact

      BnF focuses on sustainable energy projects in rural Kenya, offering households a 12-month payment plan to purchase a solar home system. The system enables clients to generate sufficient energy to power many basic necessities such as lights, radios, televisions, and other essential appliances. Solar home systems reduce reliance on polluting and health-threatening fuels such as kerosene, firewood, and coal for families' lighting and cooking needs. 

      Electricity opens new economic opportunities for families, enabling household incomes to grow progressively. It provides access to information and entertainment, allowing the children to spend time studying in the evenings and empowering women to engage more in household and local-level decision-making. It stands to reason that entire rural communities' livelihoods benefit from access to clean energy as their productivity, efficiency, and health prospers.

       

      SDG’s impacted

      With this project you are contributing to the following Sustainable Development Goals:

      SDG 1. No poverty

      SDG 7. Affordable and clean energy

      SDG 13. Climate action

      Read more about the impact you can make through our platform and the SDGs on our impact page.

       

      Related blog articles

      Eager to learn more about clean energy projects on our platform? Read here. 

      During the 2020 Covid-19 pandemic, the demand for solar home systems increased significantly in emerging markets. Read more here.

      • With this investment 2 jobs are created
      • With this investment 312 people are reached
      • With this investment 87 solar home systems are installed
      • With this investment 26 tons of CO2 are reduced

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed for Solar Home Systems 9

      Jan-Dik Boot
      Bastiaan Kommers
      Yvonne Kleefkens
      Casper Roos
      Derkjan van Veen
      + and another
      29
      investors