Solar Home Systems 8
With a loan of EUR 29,200 Gregory and 65 other households will be able to buy solar panels to put on their roofs.
€29,200
3.00%
18 months
6 months
EUR
CurrencyAmount | €29,200 |
Interest | 3.00% |
Maturity | 18 months |
Repayments | 6 months |
Currency | EUR |
The project
Gregory Miriti Muthamia lives in Timau, kithithina village. He has three children and one of them is in school. He has had to drive to the nearby town to bring petrol for his generator. His child complains generator is noisy disturbing him while studying besides short hours allowed to study and wife and other two children not able to watch the television.
By installing the solar home system Gregory will be able to save cost of petrol. His child will be able to study longer in the evening and the rest of the family enjoy watching television.
Company name | BNF |
CEO | Gregory Miriti |
Founded | 2016-01-01 |
Location | Timau |
Sector | Services |
Turnover | €0 |
Employees | 66 |
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 2 jobs are created
- With this investment 290 lives are improved
- With this investment 66 solar home systems are installed
- With this investment 20 tons of CO2 are reduced