Solar Home Systems 32

Kenya

Solar Home Systems 32

Local partner investment

+ 20 other investors

With a loan of EUR 4,450 Stephen and 14 other villagers will be able to install solar panels on the roofs of their houses.

€4,450

Amount

3.50%

Interest

18 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€4,450
Interest	3.50%
Maturity	18 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 18 hours on 22 April 2018.

Summary

Stephen lives in Kalembani village of Makueni county. Being the bread winner of a family of ten diesel generator has been the main source of lighting for his house and shop business. This is really costly to him which translated to lower profits from the shop.

By acquiring a solar home system Stephen will save on the diesel cost. He looks forward to the hassle free power source a thought that makes his wife very happy. His shop business as a result will benefit since the neighbours will be able to buy late into the night because of the well-lit compound and improve security due to bright security lights.

Company name	Solar Home Systems 32
CEO	Stephen Ndambuki
Founded	2018-01-01
Location	Makueni
Sector	Sustainable energy projects
Turnover	€0
Employees	15

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.

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We have already contributed to Solar Home Systems 32

Boudewijn Gailliaert

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