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

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      We have already contributed for Solar Home Systems 2

      Aad Smits
      Djuanita Soedjono
      Johan Feddema
      + and another
      17
      investors