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funding gap emerging markets
Kenya

Solar Home Systems 51

  • BNF
  • Investir dans la microfinance
  • + 53 autres investisseurs
  • 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
    Montant
    3,50%
    Intérêt
    12 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€21 350
    Intérêt3,50%
    Maturité12 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 44 minutes sur 24 Octobre 2019.

      Le projet

      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.

      Nom de l’entrepriseBNF
      PDGEmily Obinda
      Création2019-10-22
      LieuNairobi
      SecteurProjets d'énergie durable
      Chiffre d'affaires€0
      Employés200

      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.

      • Grâce à cet investissement 5 emplois sont créés
      • Avec cet investissement 1000 sont améliorées
      • Grâce à cet investissement 200 systèmes solaires sont installés
      • Grâce à cet investissement 63 tonnes de CO2 sont évitées

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      Nous avons déjà contribué à Solar Home Systems 51

      Dirk Rentmeester
      Carola Bieniek
      Han de Haas
      Marc Sierink
      Danny Honig
      + et autre
      53
      investisseurs