Azuri Tech – Kenya So­larPlus

Destiny - - Money -

Azuri offers an en­try-level PayGo so­lar sys­tem which pro­vides homes with eight hours of clean en­ergy per day. The ser­vice costs less than a house­hold would spend on kerosene per week. An in­vest­ment of £200 (about R2 800) makes one Azuri So­larPlus home sys­tem avail­able to a Kenyan family who’ll pay for it in af­ford­able in­stal­ments over 30 months. The project aims to pro­vide this ser­vice to 500 fam­i­lies in Kenya.

The in­vest­ment is a 2,5% bond which is 25% match-funded, with 24 months to ma­ture and 5% in­ter­est.

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