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funding gap emerging markets
Kenya

Solar Home Systems 17

  • BNF
  • Invest in a Financial Institution
  • + 27 other investors
  • With the solar home system loan of EUR 13,600 Jane and 28 others will enjoy light in the entire village.

    €13,600
    Amount
    3.50%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€13,600
    Interest3.50%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 19 March 2017.

      Summary

      Jane Kindi Kooki lives in Suswa village of Narok county. She has four children and like most rural African families Jane accommodates her elderly mother in the same compound.

      She mainly uses kerosene lamps for lighting with the downside of health risks in terms of smoke and soot which is evident looking at the corroded roof of her house. The risk of fire is very much alive having experienced a neighbor who lost her house with everything inside as a result of fire accident. She now wants to adopt a solar solution which she considers clean and safe. The family members are happily looking forward. That will give her the peace of mind that even if she lives her children with their grandmother back home, she will surely find them safe and sound.

      Company nameSolar Home Systems 17
      CEOJane Kindi
      Founded2017-01-01
      LocationNarok
      SectorServices
      Turnover€0
      Employees40

      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 128 lives are improved
      • With this investment 29 solar home systems are installed
      • With this investment 9 tons of CO2 are reduced

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      We have already contributed to Solar Home Systems 17

      Niek de Bruijn
      Jan de Wit
      Koos Dekker
      + and another
      27
      investors