Funding Societies 23
With a loan of EUR 250,000 local partner Funding Societies will be able to provide affordable growth capital to 45 entrepreneurs in Vietnam.
€250,000
6.00%
18 måneder
6 måneder
EUR
ValutaBeløb | €250,000 |
Interesse | 6.00% |
Modenhed | 18 måneder |
Tilbagebetalinger | 6 måneder |
Valuta | EUR |
Projektet
Vietnam's economy is on a path toward stability and gradual growth; however, access to bank funding in the country is limited. This mainly affects small business owners who struggle with challenges such as strict rules, lack of funds, and outdated technology. Small business owners can overcome these challenges with a short-term loan from Funding Societies. Access to financing can create lasting, positive change for the more than 800,000 SMEs in the country.
What social return could your investment generate?
Your investment enables Funding Societies to give out micro-loans to 45 e-commerce, agriculture, and wholesale business owners in Vietnam. The activities of the digital lending platform contribute to financial inclusion in Southeast Asia. Microloans offer a pathway to local economic stability and the empowerment of women.
The loans allow hardworking entrepreneurs to acquire necessary materials, pay their workers, and maintain customer flexibility. Together with Funding Societies, you will enable SMEs to operate efficiently and maintain stable employment.
What financial return could your investment generate?
- An annual interest rate of 6%.
- The maturity of the loan is 18 months.
- Your investment will be repaid in equal instalments, along with interest, every six months.
- Currency: EUR
The story of Funding Societies
Funding Societies specialise in facilitating financial access to underserved small and medium business owners across Southeast Asia. While their primary operations are in Indonesia, they recently broadened their activities to Vietnam. In the past five years, it has financed over 815 million euros through 3 million+ business loans, engaging over 250,000 registered investors. Its mission centres around bridging the region's $320 billion SME funding gap by bringing together SMEs and investors. By fostering financial inclusion, Funding Societies aim to stimulate economic growth and prosperity.
Moreover, Funding Societies believe in the principle that 'Stronger SMEs create Stronger Societies'. Its business model contributes directly to this vision by enabling SMEs to become key drivers of economic growth and job creation. By extending its services to countries like Vietnam, Funding Societies hopes to considerably impact the regional economy, promote financial inclusivity, and enhance local well-being.
By investing in Funding Societies you are not just investing in a financial platform; you are directly contributing to the growth of societies and economies across Southeast Asia.
Funding Societies in numbers
- Founded in 2015 with headquarter in Singapore
- 600+ employees
- Financed > €3 billion in loans
- Disbursed > 80,000 SME loans
- Active in 5 markets across Southeast Asia: Indonesia, Vietnam, Thailand, Malaysia, and Singapore
Virksomhedens navn | Funding Societies |
ADMINISTRERENDE DIREKTØR | Kelvin Teo |
Grundlagt | 2016-11-21 |
Beliggenhed | Singapore |
Sektor | Landbrug |
Omsætning | €9,200,000 |
Medarbejdere | 600 |
Kreditvurdering | B+ |
Påvirkning
SMV'er udgør ca. 60 % af Sydøstasiens BNP og skaber de fleste arbejdspladser, men de står over for et finansieringshul på 320 mia. dollars. Funding Societies er trådt til for at bygge bro over dette hul og har finansieret over 815 mio. euro gennem mere end 3 mio. erhvervslån i de sidste fem år. Deres fokus ligger på kortfristede lån, typisk under 12 måneder, som er skræddersyet til at opfylde SMV'ernes behov.
Virkningen af deres lån er betydelig. Omkring 76% af SMV'erne bruger deres lån til arbejdskapital. Mange anerkender, at denne finansiering var afgørende for at holde deres virksomheder åbne og bevare deres arbejdsstyrke. Desuden fremmer Funding Societies kvinders økonomiske selvstændighed ved at støtte kvindelige iværksættere, som udgør 24 % af deres låntagere.
Investering i Funding Societies på Lendahand fremmer finansiel inklusion og social mobilitet i Sydøstasien, mere specifikt i Indonesien og Vietnam. Med Funding Societies kan du bidrage til regional udvikling og gøre en reel forskel i menneskers liv.
VM påvirket
Med dette projekt bidrager du til følgende mål for bæredygtig udvikling:
VM 1 - Ingen fattigdom
VM 8 - Anstændigt arbejde og økonomisk vækst
Læs mere om den indflydelse, du kan få via vores platform og VM på vores side om indflydelse.
Relaterede blogindlæg
Læs introduktionen af Funding Societies som en investeringsmulighed her.
Vil du vide mere om Funding Societies? Læs vores e-mailinterview med CEO Kelvin Teo her.
Er du nysgerrig efter at vide, hvilken effekt Funding Societies og Lendahand skaber sammen? Se vores interview med Funding Societies' COO og impact manager, Vikas, her.
- Med denne investering skabes 45 jobs
- Med denne investering forbedres 227 liv