KenyaSolar Home Systems 29
With a loan of EUR 65,200 Awuor and 55 other villagers will be able to install solar panels on the roofs of their houses.
€65,200
3.50%
18 months
6 months
EUR
Currency| Amount | €65,200 |
| Interest | 3.50% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Read the information document of the issuer here
Meet Awuor Purity. As a mother of eight children her hands are full. With competing priorities it means use of less efficient lighting source is her only choice since she can’t put together capital for a solar system. Years of using Koroboi [a paraffin lantern] has resulted to health issues with most of her children. The light from the lantern is not enough for the children to do their evening school work a situation that is likely to show up during exams and probably lock them out of good education opportunities.
The Siaya county and specifically Umala village where Purity lives is made up of community members with similar lighting challenges. The solar home system she acquires will completely change the health and education future of her family.
| Company name | BNF |
| CEO | Purity Awuor |
| Founded | 2017-01-01 |
| Location | Siaya |
| Sector | Sustainable energy projects |
| Turnover | €0 |
| Employees | 5 |
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 2 jobs are created
- With this investment 224 lives are improved
- With this investment 56 solar home systems are installed
- With this investment 18 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 29
Edwin TofieldMartijn KistemakerDirk RentmeesterA. PronkBas Schipper