KenyaSolar Home Systems 32
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
3.50%
18 months
6 months
EUR
Currency| Amount | €4,450 |
| Interest | 3.50% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
The project
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 | BNF |
| 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.
- With this investment 75 lives are improved
- With this investment 15 solar home systems are installed
- With this investment 5 tons of CO2 are reduced
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