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funding gap emerging markets
Kenya

Solar Home Systems 10

  • BNF
  • Invest in a Financial Institution
  • + 69 other investors
  • With the solar home system loan of EUR 41,400 she and others in the group will enjoy light in the whole compound.

    €41,400
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€41,400
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 3 August 2016.

      Summary

      Agnes comes from Matikoni village in Kibwezi.

      Like most women in this rural region Agnes  usually wakes up very early in the morning to prepare her husband for work and children for school. Lack of lighting makes her do this while the whole compound is full of darkness and obviously scaring. When sometimes she forgets to buy kerosene from the nearby centre they are forced to go to bed early to save the remaining kerosene for the next morning. Sometimes when the kerosene runs her husband is forced to pass by the nearby petrol station and buy kerosene .This makes it very tedious for him.

      With the solar home system she and others in the group will enjoy light in the whole compound since the bulbs are very bright and obviously the family will not be limited in the evenings in terms of study and other activities.

      Company nameSolar Home Systems 10
      CEOAgnes Kavata
      Founded2016-01-01
      LocationKibwezi/Makueni
      SectorServices
      Turnover€0
      Employees86

      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 3 jobs are created
      • With this investment 389 lives are improved
      • With this investment 87 solar home systems are installed
      • With this investment 26 tons of CO2 are reduced

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      We have already contributed to Solar Home Systems 10

      Gioberto Balinge
      Marlies Witteveen
      Marcel Linssen
      Jop Brocker
      Ron van Eijk
      + and another
      69
      investors