funding gap emerging markets
Kenya

Solar Home Systems 33

  • BNF
  • Local partner investment
  • + 18 other investors
  • With a loan of EUR 5,450 BNF will be able to install solar panels on the roofs of the houses of 18 families in Masala.

    €5,450
    Amount
    3.50%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,450
    Interest3.50%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 hour on 24 May 2018.
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      Summary

      Judith Aoko is a poultry farmer in Masala village, Migori County. She uses kerosene fuel for lighting. As one may imagine she desperately needs lighting system that would not burden her with huge cost. With the anticipated solar system she will be able to attend to her chicks with so much ease at no recurrent cost.

      Adopting the solar products means that the clean lighting will help improve the family’s living standard as well have her chicks grow in a safe and secure environment. She also expects to attract more neighbours as customers due to fairer pricing as a direct result of the lower production cost eventually translating to higher profits

      Company nameSolar Home Systems 33
      CEOJudith Aoko
      Founded2018-01-01
      LocationMigori
      SectorSustainable energy projects
      Turnover€0
      Employees3

      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.

       

      Related blog articles

      Eager to learn more about clean energy projects on our platform? Read here. 

      During the 2020 Covid-19 pandemic, the demand for solar home systems increased significantly in emerging markets. Read more here.

      • With this investment 2 jobs are created
      • With this investment 90 people are reached
      • With this investment 18 solar home systems are installed
      • With this investment 6 tons of CO2 are reduced

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      We have already contributed for Solar Home Systems 33

      A. Pronk
      Jan de Wit
      Jaap Boersema
      + and another
      18
      investors