|Product||Unsecured interest bearing bond|
|Offer opened||16th March 2018|
|Offer closes||6th May 2018|
|Expected Interest Rate||6%|
|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. 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 bottom of the pyramid 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 lives and livelihoods by providing more than 100,000 people with solar power in some of the most rural and remote regions of Kenya.
SunTransfer are offering an expected interest rate of 6% per annum paid in semi-annual installments. The interest rate is variable.
Each £40 invested through this SunTransfer3 bond offer will enable 1 Kenyan family to buy a 5w three-light solar home system in affordable instalments over 9-12 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 2,250 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 SunTransfer 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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