KenyaSolar Home Systems 15
With the solar home system loan of EUR 25,400 Kuntai and 47 others in the group will enjoy light in the whole village.
€25,400
3.50%
18 months
6 months
EUR
Currency| Amount | €25,400 |
| Interest | 3.50% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Kuntai Ole Ntigoisa lives with his family in the Olmaroroi village, Kajiado district. Most men have a cattle, often with goats. A big part of the monthly income is now spent on kerosine for lightening. At night, a generator is used to scare of wild animals.
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 | Kuntai Ntigoisa |
| Founded | 2016-01-01 |
| Location | Olmaroroi-Kajiado |
| Sector | Services |
| Turnover | €0 |
| Employees | 48 |
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 211 lives are improved
- With this investment 48 solar home systems are installed
- With this investment 15 tons of CO2 are reduced
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We have already contributed to Solar Home Systems 15
Derkjan van VeenAad SmitsMenne GlasBenjamin OverkempeGert Mosterd