funding gap emerging markets
Kenya

Solar Home Systems 39

  • BNF
  • Local partner investment
  • + 28 other investors
  • With a loan of EUR 8,300 Lordivila and the villagers will be able to install solar panels on the roofs of their houses.

    €8,300
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,300
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 hour on 30 November 2018.
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      Summary

      A young bubbly mother of three; Lordivila Adhiambo from Busia County, Buoyo Village is an epitome of strength, determination and resilience.

      The norm in the village is that many young women stay at home and wait for their husbands to fend for families. Adhaimbo has defied the norm and through her hard work, she runs a restaurant that compliments meagre family income.

      Typically, most households in the rural areas rely on  kerosene for home lighting. Adhiambo is forced to close her restaurant early before dark locking out most customers. Many households in her neighborhood trek for long hours to get their phones charged or watch TV.

      Adhiambo has done adequate research and is comfortable from her small savings to acquire a five in one set of Solar Home lighting System comprising a 55watts panel, 15Ah battery hub, four LED bulbs, a phone charging kit (that can charge various phones), and a 19inch color TV. The system goes at credit price of USD 890. From her savings and meagre income, the family can comfortably pay USD 50 per month.

      This, to Adhiambo ‘s family and community is a new dawn. The family shall enjoy unlimited access to lighting, the restaurant shall be lit for late evening business, customers and community members shall charge their phones as well as watch TV from the restaurant. Adhiambo shall also create employment for 3 more people.

      Company nameSolar Home Systems 39
      CEOLordivila Adhiambo
      Founded2018-01-01
      LocationBusia
      SectorSustainable energy projects
      Turnover€0
      Employees9

      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.

       

      Related blog articles

      Eager to learn more about clean energy projects on our platform? Read here. 

      During the 2020 Covid-19 pandemic, the demand for solar home systems increased significantly in emerging markets. Read more here.

      • With this investment 2 jobs are created
      • With this investment 45 lives are improved
      • With this investment 9 solar home systems are installed
      • With this investment 3 tons of CO2 are reduced

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      We have already contributed for Solar Home Systems 39

      Joop Singeling
      Boudewijn Gailliaert
      + and another
      28
      investors