|Product||Unsecured interest bearing bond|
|Offer opened||5th October 2017|
|Offer closes||4th December 2017|
|Expected Interest Rate||5.5%|
|Minimum investment amount||£50|
|Maximum investment amount||No maximum|
|Interest Payment frequency||6 monthly|
SunTransfer Kenya (SunTransfer) is a solar company in Kenya with a bold mission – transforming rural lives and livelihoods through off-grid solar. They are driven and inspired by the challenge of making quality solar energy accessible and affordable to approximately 6 million off grid households in Kenya, the majority of whom are at the bottom of the pyramid (BOP). At the core of SunTransfer’s innovation is designing, testing and scaling last-mile distribution models to deliver the twin goals of accessibility and affordability of quality solar energy to the BOP in Kenya.
SunTransfer are energized by the difference they have made so far, distributing over 50,000 solar lanterns and nearly 5,000 solar home systems, thereby transforming the lives and livelihoods of many in some of the most rural and remote regions of Kenya. The great news is that this is just the beginning; SunTransfer’s future looks bright and our promise even bigger.
SunTransfer 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 this SunTransfer bond offer will enable 1 Kenyan family to buy a 10w five-light solar home system in affordable instalments over 24 months
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 SunTransfer to provide clean energy to a further 1000 families in Kenya.
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 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.
The Ethex team are here to help from 9am to 5pm
01865 403 304