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Energise Africa

Azuri Tech - Kenya Solarplus 3

Key facts

Status OPEN
Product Unsecured interest bearing bond
Offer opened 8th May 2018
Offer closes 9th July 2018
Expected Interest Rate 5%


Minimum investment amount £50
Maximum investment amount No maximum
Target £100,000
Term 24 months
Interest Payment frequency 6 monthly

About Azuri Tech

Azuri Technologies is an innovative commercial provider of pay-as-you-go solar home systems to rural off-grid households. It has the widest geographical reach of any solar-as-a-service offering in sub Saharan Africa.

Azuri, based in Cambridge, have combined solar and mobile technology to allow customers to access power on a PayGo basis, providing affordable, clean, safe and renewable energy for as little as half the cost of the fossil fuels being replaced.

Financial return

Azuri Technologies are offering an expected interest rate of 5% per annum paid in semi-annual installments. 

Each £200 invested through Azuri will enable one Kenyan family to buy an Azuri SolarPlus home system in affordable instalments over 30 months

Social return

The installation of home solar power systems to off-grid households has significant impacts on the lifestyle flexibility, health, safety, and economic opportunities of its customers.

Your investment will help Azuri to provide clean energy to 500 families in Kenya.

Information about Azuri

Investment product details and risk factors

Information about the Energise Africa project

What it does, latest financial and social performance

Investment Memorandum

 To access the Azuri Investment Memorandum, you must register on the Lendahand website

IMPORTANT INFORMATION FOR PROSPECTIVE INVESTORS

If you are in any doubt about the information on this website, the content of the accompanying annual report or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.

Prospective investors should be aware that the ability of the enterprise to pay both interest on the bonds and the initial capital invested is dependent upon it being able to deliver against its business plan. Your capital is at risk and, in the event of Azuri not being able to pay the interest or full initial capital that you invested any losses will not be covered by a depository guarantee scheme.

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Why use Energise Africa?

  • Choose a project
  • Lend Money
  • Create new opportunities for African families

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