funding gap emerging markets
Kenya

Solar Home Systems 18

  • BNF
  • Local partner investment
  • + 25 other investors
  • With a solar loan of EUR 10,600 Isaya and 17 others will enjoy light in the entire village.

    €10,600
    Amount
    3.50%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€10,600
    Interest3.50%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 13 hours on 29 March 2017.
      Choose amount
      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Isaya Saidimu Kahenja of Olorika village has a family of twelve children so one can imagine his lighting bill and especially when using a generator. The cost and also time consumed going the long distances daily to buy the fuel is a challenge but has to be done. To go around this the family has agreed to be preparing meals and finish other evening chores early before switching off the generator by 9pm just to save on cost beside denying the children ample time to study at night.

      The acquisition of the solar home system will provide sustainable source of energy thereby improving the living standard of the entire family. The savings from otherwise daily fuel cost can now go towards other most needed development opportunities like business and farming. 

       This is a typical story for many families in this area where Isaya comes from.

      Company nameSolar Home Systems 18
      CEOIsaya Saidimu
      Founded2017-01-01
      LocationKajiado
      SectorServices
      Turnover€0
      Employees17

      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 3 jobs are created
      • With this investment 80 lives are improved
      • With this investment 18 solar home systems are installed
      • With this investment 5 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 18

      A. Pronk
      Trees van den Hoogen
      Menne Glas
      Aad Smits
      Niek de Bruijn
      + and another
      25
      investors