First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Kenya

Solar Home Systems 20

  • BNF
  • Invest in a Financial Institution
  • + 31 other investors
  • With the solar home system loan of EUR 17,800 Ann Wanjiru and 25 others will enjoy light in the entire village.

    €17,800
    Amount
    3.50%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€17,800
    Interest3.50%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 17 hours on 17 July 2017.

      Summary

      Ann Wanjiru is a single mother of four children. She lives in a small village called Ndule in Loitoktok, a town in Kajiado County close to Tanzania- Kenya border. She lives with her elderly mother who is undergoing treatment in an neighbouring health facility. Her main source of lighting is a Koroboi lamp [a small kerosene lamp] and has a hand-held torch which she uses as a back-up in case of lack of kerosene to help her nurse her sick mother at night.

      One of the negative effects of Koroboi lamp is the soot produced which has affected the elderly and sick mother especially when inhaled for a long time. Thus Ann has resulted in the use of a torch at night but that has meant buying the dry batteries, a huge cost for her squeezed income.

      The solar home system will come as a great relief both for lighting the house which not only includes looking after her mother and helping the children with their evening studies but also will provide savings on her limited and stretched income.  
      Company nameSolar Home Systems 20
      CEOAnn Wanjiru
      Founded2017-01-01
      LocationOloitoktok, Kajiado
      SectorServices
      Turnover€0
      Employees25

      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 4 jobs are created
      • With this investment 114 lives are improved
      • With this investment 26 solar home systems are installed
      • With this investment 8 tons of CO2 are reduced

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Solar Home Systems 20

      Bastiaan Kommers
      André Kloosterman
      Marlies Witteveen
      Hans Bierhuis
      + and another
      31
      investors