|Product||Unsecured interest bearing bond|
|Offer opened||3rd August 2018|
|Offer closes||2nd October 2018|
|Expected Interest Rate||5.5%|
|Minimum investment amount||£50|
|Maximum investment amount||No maximum|
|Interest Payment frequency||6 monthly|
Since they started operations in 2010, BBOXX has provided approximately 675,000 people in the developing world with access to smart, affordable, clean energy solutions. The three co-founders of BBOXX met at Imperial College London while studying Electrical and Electronics Engineering. All three had travelled in the developing world and recognised the challenge posed to community and business development by an unreliable electrical supply. BBOXX have ambitious plans to deliver clean, reliable energy to 20 million people by 2020.
BBOXX are offering an expected interest rate of 5.5% per annum paid in semi-annual installments. The interest rate is variable.
Each £100 invested through BBOXX Capital Ltd will enable one DRC family to buy a four light solar home system on a flexible payment plan to meet their needs
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 BBOXX to provide clean energy to approximately 1,080 families in DRC.
Investment product details and risk factors
What it does, latest financial and social performance
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 BBOXX 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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