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funding gap emerging markets
Kenya

Solar Home Systems 12

  • BNF
  • Invest in microfinance
  • + 39 other investors
  • With the solar home system loan of EUR 21,000 Daniel and others in the group will enjoy light in the whole compound.

    €21,000
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€21,000
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 31 August 2016.

      The project

      Daniel Leperes lives in Mutaru Village. He has four children and all of them are in day school. He had to spend two hundred every week on bodaboda [motorbike] transport to take him to nearby town to buy kerosene. His children use a lantern to do their homework every evening. They have been complaining of eye problem because of the soot produced by the lantern.His wife who uses also a lantern while milking his cows every morning and evening, also complain so much on poor lighting and difficulties of using kerosene lamp on windy and rainy days.His watchman also uses a hand held torch during the night to watch over their flock from wild animals and also thieves.

      Once he acquires the solar home system the children are expected to perform well in school because of extended study times in the night and early in the morning. Daniel will save money he uses on buying kerosene and on bodaboda transport. He will also save money he uses on paying watchman because the security lights are on all night scaring the wild animals away.

      He says thank you for the support you'll give his family and group.

      Company nameBNF
      CEODaniel Leperes
      Founded2016-01-01
      LocationMutaru Village
      SectorServices
      Turnover€0
      Employees41

      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 180 lives are improved
      • With this investment 41 solar home systems are installed
      • With this investment 12 tons of CO2 are reduced

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      We have already contributed to Solar Home Systems 12

      Jan de Wit
      Ron van Eijk
      Aad Smits
      Suzan van der Meij
      raymond dumont
      + and another
      39
      investors