Solar Home Systems 25
With a loan of EUR 14,100 Daniel and 20 community members will be able to buy and install solar panels on their roofs.
€14,100
3.50%
18 months
6 months
EUR
CurrencyAmount | €14,100 |
Interest | 3.50% |
Maturity | 18 months |
Repayments | 6 months |
Currency | EUR |
The project
Daniel Opondo lives in Busia county, Madwele village. He is a father of four children. Together with his wife they live with their sickly mother in the same compound. Daniels main lighting source has been mainly the kerosene lamb and a hand-held torch as a back-up in case the kerosene runs out as well as when nursing the mother at night. This is costly and ended up affecting the academic performance of his daughter last year who was taking the final exam of primary education.
The opportunity to install a solar home system will improve academic performance of the schooling children and has been able to save on money he has been using to buy kerosene.
Company name | BNF |
CEO | Daniel Opondo |
Founded | 2017-01-01 |
Location | Busia |
Sector | Services |
Turnover | €0 |
Employees | 20 |
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 92 lives are improved
- With this investment 21 solar home systems are installed
- With this investment 7 tons of CO2 are reduced