Solar Home Systems 59
With a loan of EUR 19,400 Kumokmali and 27 villagers will be able to purchase and install solar home systems in their houses.
€19,400
3.50%
12 months
6 months
EUR
CurrencyAmount | €19,400 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
The project
Youthful Kumokmali Meitaya lives in Nturumeti village in Narok county. His young family of four enjoys constant disposable income from livestock, wheat and maize farming. His homestead is a beehive of activities from dawn to dusk necessitating acquisition of high-powered solar home lighting systems in the market.
This transition from Kerosene lit lamps will save him USD 5 per month as he makes monthly payment of USD 30.43 to install 6 bulbs, 12Ah battery Msolar 55+ (lighting and Tv system), torch, phone charger and Radio costing USD 800.
Kuokmali and family look forward to a bright year in all aspects. Sufficient light means increased farm hours that translate to reduced livestock losses to predators. With 24 inch TV and phone charger, villagers are treated to viewing national news as they charge their phones; an added revenue stream to the family
Company name | BNF |
CEO | Kumokmali Meitaya |
Founded | 2020-02-24 |
Location | Nairobi |
Sector | Sustainable energy projects |
Turnover | €0 |
Employees | 27 |
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 3 jobs are created
- With this investment 135 lives are improved
- With this investment 27 solar home systems are installed
- With this investment 8 tons of CO2 are reduced