Solar Home Systems 7
With EUR 36,800 the Olotepsi village from group leader Paul will gain access to new solar panels.
€36,800
3.00%
18 months
6 months
EUR
CurrencyAmount | €36,800 |
Interest | 3.00% |
Maturity | 18 months |
Repayments | 6 months |
Currency | EUR |
Summary
Paul Mosoontu is a village leader in Olotepesi village. He has proved to be a real entrepreneur by being the first customer to buy an ST50 PLUS (System with 5 LED bulbs, Digital TV set and a phone charging kit) on March 2016.
Paul experience with solar products is very positive. He says apart from being environmentally sustainable and lighting the whole compound the product is pocket friendly as compared to the other lighting methods the customer was using. Paul says the product also helps him scare away wild animals from Nairobi National Park which otherwise consumes their valuable livestock.
Company name | Solar Home Systems 7 |
CEO | Paul Monsoontu |
Founded | 2016-01-01 |
Location | Oletepesi/Kajiado |
Sector | Services |
Turnover | €0 |
Employees | 52 |
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 2 jobs are created
- With this investment 229 lives are improved
- With this investment 52 solar home systems are installed
- With this investment 16 tons of CO2 are reduced