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funding gap emerging markets
Kenya

Solar Home Systems 6

  • BNF
  • Invest in a Financial Institution
  • + 31 other investors
  • With a loan of EUR 20,200 the Masaï village called Enarua will gain access to new solar panels.

    €20,200
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€20,200
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 17 June 2016.

      Summary

      Simon Sikorei lives in the interior Maasai land in a village called Enarua and is village elder. He is very active and leads projects that are introduced in the region. His wife has been using lantern while cooking supper causing eye problems. 

      Together with other clan men they have been sleeping outside during the night to watch over their flock from wild animals. The use of solar now means his children are performing well in school because they are enjoying studying even late nights. On the other hand Moran men are enjoying their sleep because the security lights are on all night scaring the wild animals away therefore no more sleeping out.

      Together with BNF will Lendahand provide a loan that must be repaid in 18 months. 

      Company nameSolar Home Systems 6
      CEOSimon Sikorei
      Founded2016-01-01
      LocationEnarua/Kajiado
      SectorServices
      Turnover€0
      Employees27

      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.

      • With this investment 2 jobs are created
      • With this investment 123 lives are improved
      • With this investment 28 solar home systems are installed
      • With this investment 9 tons of CO2 are reduced

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      We have already contributed to Solar Home Systems 6

      Derkjan van Veen
      Niek de Bruijn
      Rita van den Berg
      Joop Singeling
      Gert Mosterd
      + and another
      31
      investors