KenyaSolar Home Systems 14
With the solar home system loan of EUR 33,400 Benson and others in the group will enjoy light in the whole compound.
€33,400
3.50%
18 months
6 months
EUR
Currency| Amount | €33,400 |
| Interest | 3.50% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Benson Shungani Lepaso of Oloosuyian village lives with his wife, parents and children in the same compound. He uses koroboi for lighting especially the living room. The koroboi lamp is his main source of lighting. This is very costly to him and his children are always in the danger of being infected with respiratory and visual problem.
Once he purchases the solar energy home system the standard of his economic life will improve because he will save the money he has been using to buy kerosene and also the children school performance will improve.
Venture South International SA, a limited liability company incorporated under the laws of Switzerland shall provide a corporate guarantee covering the total aggregate amount outstanding (EUR 300,000) from time to time.
| Company name | BNF |
| CEO | Benson Lepaso |
| Founded | 2016-01-01 |
| Location | Oloosuyian- Kajiado |
| Sector | Services |
| Turnover | €0 |
| Employees | 55 |
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 242 lives are improved
- With this investment 55 solar home systems are installed
- With this investment 17 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 to Solar Home Systems 14
Nettie StougjeJoop SingelingJohan FeddemaAad SmitsFrans Wittenberg