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funding gap emerging markets
Kenya

Solar Home Systems 62

  • BNF
  • Investir dans la microfinance
  • + 204 autres investisseurs
  • With a loan of EUR 61,850 Susan and 106 villagers will be able to buy solar home systems and install the panels on the roofs of their houses.

    €61 850
    Montant
    4,25%
    Intérêt
    12 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€61 850
    Intérêt4,25%
    Maturité12 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 7 heures sur 20 Juillet 2020.

      Le projet

      Warning

      In the coming period there are different conditions for this partner. More information can be found here.

      • The interest rate has been temporarily increased by 0,75 percentage point to accommodate the growing uncertainty associated with COVID-19.
      • In addition, this investee is allowed - provided they continue to comply with the applicable covenants - to refinance future repayments to Lendahand investors with the funds raised from this project.
      • Repayments occur after 12 months, not after 6 months (grace period).

      Information document issuing company (NL)

      Susan a young married mother of three school going children, is not left behind. She runs a petty grocery shop in the community selling food items. She makes daily income of USD 5 and her dedication has enabled the family to construct a 3 roomed permanent house.

      New normal in education sector is online study for school going children. There are many school curriculum programmes on the TV aired daily for children to close in lost physical contact learning time in Schools.

      Susan installed Home Solar lighting that replaced use of kerosene in 2018. She is now ready to purchase a 24inch TV that comes with 3000mAh battery and 35W panel mainly for schooling purposes and entertainment. This costs USD 639 with daily repayment of USD 1

      With her current income, she is able to service the loan and stock her shop.

      The children are excited to join others in the digital classroom via TV. Solar has revived `school’ for them.

      Nom de l’entrepriseBNF
      PDGSusan Ndalila
      Création2020-07-15
      LieuNairobi
      SecteurProjets d'énergie durable
      Chiffre d'affaires€0
      Employés106

      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 2 emplois sont créés
      • Avec cet investissement 530 sont améliorées
      • Grâce à cet investissement 106 systèmes solaires sont installés
      • Grâce à cet investissement 33 tonnes de CO2 sont évitées

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      Nous avons déjà contribué à Solar Home Systems 62

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      investisseurs