KenyaSolar Home Systems 26
With a loan of EUR 13,350 Dickson and 20 other villagers will be able to install solar panels on the roofs of their houses.
€13,350
3.50%
18 months
6 months
EUR
Currency| Amount | €13,350 |
| Interest | 3.50% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Read the information document of the issuer here
Dickson Kavoi Munguti is an elderly man. He lives in Yimiwa village of Makueni county. Together with his wife, two daughters and a grandchild use a kerosene lamp, commonly known as Koroboi. As a result of the smoke and soot as well as very limited brightness his eye sight has been affected. It has also threatened the health of the rest of the family members.
The acquisition of a solar home system he says will bring happiness to the family. The improvement of health to all his household members will be a direct benefit besides savings from cash that would have otherwise been used on kerosene which can now be used for very needed treatment.
| Company name | BNF |
| CEO | Dickson Kavoi |
| Founded | 2017-01-01 |
| Location | Makueni |
| Sector | Services |
| Turnover | €0 |
| Employees | 20 |
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 93 lives are improved
- With this investment 21 solar home systems are installed
- With this investment 6 tons of CO2 are reduced
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We have already contributed to Solar Home Systems 26
Joop SingelingErik HamelinkNiek de BruijnFrank FekkenJaap Boersema