Rocotta Clay Brick and Cement Centre
With a loan of EUR 49,200 Rocotta Clay Brick and Cement Centre will be able to purchase new equipment to keep up with their growing demand.
€49,200
3.75%
12 meses
6 meses
EUR
MonedaImporte | €49,200 |
Interés | 3.75% |
Vencimiento | 12 meses |
Reembolsos | 6 meses |
Moneda | EUR |
El proyecto
Rocotta is the one stop shop for bricks in Polokwane, Limpopo region. Limpopo is still a very undeveloped province without proper housing. The bricks are therefore in demand from consumers wanting to build proper housing.
They supply a wide range of products, such as; stock bricks, pavers and cement. They strive to be your one stop shop for all your building needs.
Rocotta required the funding to purchase new equipment to keep up with their growing demand.
Nombre de la empresa | Lulalend |
Director general | Renette Van Rhyn |
Fundado | 2004-01-01 |
Ubicación | Limpopo |
Sector | Producción manufacturera |
Volumen de negocio | €1,275,240 |
Empleados | 25 |
Impacto
More than 40% of SMEs in Africa mention the lack of financing as the major factor limiting their growth. To help overcome this challenge, Lulalend offers access to funding to SMEs in South Africa by delivering working capital within 24 hours through their automated online platform.
Easy access to working capital increases productivity and job creation, both necessary conditions to reduce poverty. A formal job creates impact on income and enables regularity of wages, allowing a family to plan for the future, save money, and improve access to credit, housing, and children’s education. It can lift unskilled workers out of poverty and allow skilled workers to enter the middle class. Therefore financing SMEs with growth potential is one of the key ingredients for inclusive growth.
SDGs impacted
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No poverty
SDG 8. Decent work and economic growth
Read more about the impact you can make through our platform and the SDGs on our impact page.
- Con esta inversión se crean 5 puestos de trabajo
- Con esta inversión se mejoran 25 vidas