funding gap emerging markets
Kenya

Solar Home Systems 2

  • BNF
  • Local partner investment
  • + 17 other investors
  • With a loan of EUR 8,800 Philomena and 10 villagers can purchase solar panels to put on the roofs of their houses.

    €8,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 12 hours on 7 June 2016.
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      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Mrs Sampala is in a group of women whose main aim is poverty eradication and are involved in various income generating activities. Unfortunately, the area is prone to wildlife attacks especially during the night when elephants among others, come wandering around destroying the very crops and fruit trees that the locals would depend on for a living. Farming has therefore been unreliable as most of the produce is severely damaged by the wildlife. 

      The area is off-grid and the nearest grid-connection is not reliable as the frequent black-outs would last for even a week.The family needs a product that would offer them enough lighting both for interior and also for security purposes. By installing a ST50 system with four bulbs inside and one security light which includes a phone charging kit which helps them charge their phones and a TV set which entertains the entire family the family will have been transformed to be a net producer and stay well informed and entertained. 

      Company nameSolar Home Systems 2
      CEOPhilomena Sampala
      Founded2015-01-01
      LocationImaroro/Kajiado
      SectorFinancial services
      Turnover€0
      Employees11

      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 1 jobs are created
      • With this investment 48 lives are improved
      • With this investment 11 solar home systems are installed
      • With this investment 3 tons of CO2 are reduced

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      We have already contributed for Solar Home Systems 2

      Djuanita Soedjono
      Johan Feddema
      Aad Smits
      + and another
      17
      investors