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funding gap emerging markets
Kenya

Solar Home Systems 19

  • BNF
  • Invest in microfinance
  • + 29 other investors
  • With a solar loan of EUR 12,000 David and 15 others will enjoy light in the entire village.

    €12,000
    Amount
    3.50%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€12,000
    Interest3.50%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 15 May 2017.

      The project

      David Mirengo Kikaraba is a man with a typical big family of 4 children. He lives with his family in Marura village of Laikipia county in Kenya. He is not able to provide a lamp for each room so the whole family shares one kerosene lamps for lighting. 

      As one can imagine this has really affected the performance of his children. Being in a day school means home is the only place to catch up on studies and do homework and revision. David looks forward to installing solar home system which will bring joy and happiness in his family. The children and the wife are very expectant of the solar technology that promises of better days.

      Company nameBNF
      CEODavid Kikaraba
      Founded2017-01-01
      LocationMarura-Laikipia
      SectorSustainable energy projects
      Turnover€0
      Employees15

      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 4 jobs are created
      • With this investment 70 lives are improved
      • With this investment 16 solar home systems are installed
      • With this investment 5 tons of CO2 are reduced

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      We have already contributed to Solar Home Systems 19

      Joop Singeling
      Jan de Wit
      Frans Wittenberg
      Aad Smits
      Menne Glas
      + and another
      29
      investors