KenyaSolar Home Systems 28
With a loan of EUR 40,650 Seelu and 42 other villagers will be able to install solar panels on the roofs of their houses.
€40,650
3.50%
12 months
6 months
EUR
Currency| Amount | €40,650 |
| Interest | 3.50% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Read the information document of the issuer here
Seelu Ene Moloimet is a middle aged woman from Inkisanjani village in Kajiado County. Her house a while ago went up in frames while her kid slept. This was caused by a kerosene lamp. The kerosene lamp fell and the whole house was on fire. Fortunately her good neighbors came to their rescue and managed to save them though most of her belongings were reduced to ashes.
As one can imagine the solar home system will make a big diffrence. She is excited because even her health and that of her children will improve since she has for a long time complained of the chest pains.
Local partner BNF will provide the loan.
| Company name | BNF |
| CEO | Seelu Moloimet |
| Founded | 2017-01-01 |
| Location | Kajiado |
| Sector | Sustainable energy projects |
| Turnover | €0 |
| Employees | 42 |
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 190 lives are improved
- With this investment 43 solar home systems are installed
- With this investment 13 tons of CO2 are reduced
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We have already contributed to Solar Home Systems 28
Martijn KistemakerJoop SingelingJan de WitJaap Boersemamarian koning