Solar Home Systems 5

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Kenia

Solar Home Systems 5

BNF

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Kevin has shown in seeking for financing of EUR 14,000 and attracted 21 more households to form this group.

€14,000

Importe

3.00%

Interés

18 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€14,000
Interés	3.00%
Vencimiento	18 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 22 horasen 7 Junio 2016.

El proyecto

Kevin lives in Homabay situated in the western side of Kenya. Although his homestead has electricity he requires a backup system because of frequent power blackout in the region. His children will be able to go through the evening without interruption. Other benefits anticipated include lights having constant brightness, phone charging, stability of energy supply even during rainy system,

Apart from the personal gains, the community and neighbors think its a good choice because the distributor company has a good track record of no-replacement and no-fault meaning this will be a worthy investment a characteristic of a good quality system. The ripple effect of the confidence Kevin has shown in seeking for financing has attracted 21 more households to form this group.

Nombre de la empresa	BNF
Director general	Kevin Ochieng
Fundado	2016-01-01
Ubicación	HomaBay, Kenia
Sector	Servicios financieros
Volumen de negocio	€0
Empleados	21

Impacto

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.