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funding gap emerging markets
Kenya

Solar Home Systems 36

  • BNF
  • Invest in microfinance
  • + 29 other investors
  • With a loan of EUR 24,050 Norekia and 30 villagers will get acces to a solar package with lamps, a battery and TV.

    €24,050
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€24,050
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 50 minutes on 23 October 2018.

      The project

      Norekia uses small paraffin tin lamps locally known as `Koroboi’for lighting. These lamps are the most dangerous for families as they are ready sources of deaths from fires. They are slow killers to children due to air pollution.

      Fearing dangers paused by tin lamps at night and cut on paraffin costs, Norekia has bought a dry cell torch to use in the night. She has lost honor among her fellow women who gossip about her soot covered walls. 

      Norekia is extremely hopeful that from her income, she can be able to purchase a TV and install Solar lighting System. The set she would like to own comes with a 19inch colour TV, 4 bulbs, 1 battery and Solar Panel. 

      Company nameBNF
      CEONorekia Kalama
      Founded2018-01-01
      LocationKajiado
      SectorSustainable energy projects
      Turnover€0
      Employees31

      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 1 jobs are created
      • With this investment 155 lives are improved
      • With this investment 31 solar home systems are installed
      • With this investment 10 tons of CO2 are reduced

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      We have already contributed to Solar Home Systems 36

      Rick Dickhof
      Edwin Tofield
      Ton Schroer
      Roelien Timmer
      + and another
      29
      investors