First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Kenya

Solar Home Systems 24

  • BNF
  • Invest in a Financial Institution
  • + 75 other investors
  • With a loan of EUR 26.000 Wilson and others in his village are able to buy a solar home system.

    €26,000
    Amount
    3.50%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€26,000
    Interest3.50%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 26 August 2017.

      Summary

      Wilson Tikwa of Impirikani village lives with his two wives and children in the same compound. He has been using a generator for lighting in his wife’s shop and the living room. This is very costly to him meaning he never stays late at night as the generator would cost him more in fuel.

      He desires to adopt the solar energy home system. He believes this will improve the standard of his family’s economic life besides allowing him to spend more hours at night selling in the shop meaning improved sales. The savings from the fuel he would otherwise buy for generator will now go into other pressing homestead.

      Company nameSolar Home Systems 24
      CEOWilson Tikwa
      Founded2017-01-01
      LocationKajiado
      SectorServices
      Turnover€0
      Employees35

      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 5 jobs are created
      • With this investment 20 lives are improved

      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 24

      Niek de Bruijn
      Dirk Rentmeester
      Erik Hamelink
      Albert Stoter
      Lot Hagenaars
      + and another
      75
      investors