Solar Home Systems 51
With a loan of EUR 21,350 BnF will be able to install 200 solar home systems in houses in Madenyo Village, Kenya.
€21,350
3.50%
12 meses
6 meses
EUR
MonedaImporte | €21,350 |
Interés | 3.50% |
Vencimiento | 12 meses |
Reembolsos | 6 meses |
Moneda | EUR |
El proyecto
Synonymous with rural life, 60% of Busia County inhabitants rely on kerosene as the main source of lighting. Madenyo Village, home to Emily Obinda, is one of the densely populated villages with a bee hive of small-scale economic activities but still reliant on firewood and kerosene for heating and lighting. The price of kerosene is higher than in the capital City – Nairobi by 30% due to long transportation.
Despite easily available small-scale business opportunities, Emily’s purchasing power is still low. With school going children, combined household income from her husband’s driving employment is barely enough. The family spends USD 5 per week for paraffin which is unsustainable in the long run as family basic needs keep increasing.
Emily believes that by saving USD 5 per week, having clean lighting for the family and children studying in the night safely is a big leap. This can be achieved by installing an affordable solar home lighting package comprising 3 bulbs, a solar panel, battery, radio and a phone charger all going for USD 117. It will take her 10 months to fully repay the loan which gives her freedom to build small savings after paying off the loan. She shall also hire someone to oversee phone charging arm of revenue stream for the family.
In her world, this is transformation that is made possible by tapping from unending Solar energy. It is also an asset building mechanism; owning a radio and other solar accessories is no mean achievement for her family.
Nombre de la empresa | BNF |
Director general | Emily Obinda |
Fundado | 2019-10-22 |
Ubicación | Nairobi |
Sector | Proyectos de energía sostenible |
Volumen de negocio | €0 |
Empleados | 200 |
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.
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.
- Con esta inversión se crean 5 puestos de trabajo
- Con esta inversión se mejoran 1000 vidas
- Con esta inversión se instalan 200 sistemas solares domésticos
- Con esta inversión se reducen 63 toneladas de CO2