Solar Home Systems 66

Kenja

Solar Home Systems 66

BNF

Investi fil-mikrofinanza

+ 86 investituri oħra

With a loan of EUR 25,000 local partner BNF will be able to install 118 solar home systems at households in Kenia.

€25,000

Ammont

4.25%

Imgħax

12 xhur

<Maturità></Maturità>

6 xhur

Ħlasijiet lura

EUR

Munita

Ammont	€25,000
Imgħax	4.25%
<Maturità></Maturità>	12 xhur
Ħlasijiet lura	6 xhur
Munita	EUR

100%

Ifinanzjat kompletament fi 40 minutifuq 27 January 2021.

Il-proġett

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)

Information note issuing company (BE)

Rose farms maize, a staple meal for locals. After opening of markets, she transports her maize to Uganda where prices are better.

She has put up a three room semi-permanent house from a monthly income of USD 110. As a new year gift to her young family of 4 that uses kerosene lamps for lighting, she is installing a solar home system consisting of 3000mAh battery, 10W panel, 4 bulbs, torch, radio and USB chargers all at USD 257.

Her additional income of USD 5 per month from charging phones will add to her savings for her to upgrade her house and purchase a TV in a year’s time.

There will be more clean and stable light in her home, some entertainment from radio and hope for better things.

Isem il-kumpanija	BNF
Kap Eżekuttiv	Rose Silali
Imwaqqfa	2021-01-22
Lokazzjoni	Nairobi
Settur	Proġetti ta' enerġija sostenibbli
Fatturat	€0
Impjegati	118

Impatt

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.