Solar Home Systems 5

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

funding gap emerging markets
BNF
Entreprise
Kenya
Pays

Le projet

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.

BNF

PDG
Kevin Ochieng
Création
2016-01-01
Lieu
HomaBay, Kenia
Secteur
Services financiers
Chiffre d'affaires
€0
Employés
21
€14 000collecté
Entièrement financée en 22 heures sur 7 Juin 2016.
31investisseurs
Investir dans la microfinance
€14 000
Objectif
3.0
%
Intérêt
18
mois
Maturité
6
mois
Remboursements
A
B
C
D
E
Cote de crédit

Impact

2
Emplois créés
92
Vies améliorées
21
Systèmes solaires installés
6
Tonnes de CO2 évitées

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.