Providing emerging markets, especially in Sub-Saharan countries, with social, economic and humanitarian aid has been a top priority for the West since the ‘60s. The idea has always remained the same; donating large amounts of money will close the savings gap. However, research has shown that foreign aid doesn’t necessarily make for a better world. It can actually do more harm than good. How is Lendahand any different?
Written by Michelle Heah on 11 June 2020
As of today, we are introducing a new partner on our platform: YAK Fair Trade. With this new addition, not only are we diversifying our portfolio of partners, we are also opening the door to an entirely new sector on Lendahand.
Here are some astonishing numbers. Approximately three billion people lack access to clean cooking solutions. They are exposed to dangerous levels of air pollution. On top of that, 840 million people live without electricity, of which 50% live in Sub-Saharan Africa. The United Nations wants to ensure access to affordable, reliable and sustainable energy for all. We’re proud to introduce you to three of our partners who do just that.
What affects one person anywhere, affects everyone everywhere. Coronavirus has shown that what we need is more collective action. We need a common response, involving each and everyone. As human beings we need to realize that we’re all in this together and that we are inevitably part of a species. If we fall back into nationalism, as is currently taking place, we are giving away the chance to really promote change. What can we do today?
Written by Koen The on 24 April 2020
As you probably already know, Lendahand’s mission is to fight poverty in emerging markets all over the world by investing in people and businesses. The way we’ve chosen to do that is with crowdfunding, and since our founding in 2013, our crowd of investors have empowered our partner companies to create over 7.000 jobs, install nearly 60.000 solar systems, and reduce CO2 emissions by around 300.000 tonnes. With that said, we still have ambitious goals for Lendahand that will take our impact to even higher levels. Therefore, we have decided to enter into a new fundraising round by crowdfunding ourselves on the UK platform Seedrs on May 6th.
According to the United Nations “public investment in agriculture globally is declining. Small-scale food producers and family farmers require much greater support.” What the UN cannot stress enough is that “Investment in the agriculture sector is critical for reducing hunger and poverty, improving food security, creating employment and building resilience to disasters and shocks.” Food for thought, right?
It’s our mission to fight poverty by investing in people and businesses. The facts are harsh. 731 million people live in extreme poverty. They survive on less than €1,90 a day. To eradicate poverty, we need to promote inclusive and sustainable economic growth, employment and decent work for all. Here’s how you can contribute to the UN’s Sustainable Development Goal #8.
As we are all tragically aware, a health emergency such as COVID-19 can cause bankruptcy in both developed and developing countries. However, in the Netherlands we are fortunate enough to rely on a social safety net. Also, we are able to physically distance ourselves from one another and work from home. In developing countries, there isn’t space to socially distance yourself. What can we do to ensure healthy lives for all?
Written by Koen The on 3 April 2020
Although Lendahand has not yet experienced any direct effects from the COVID-19 virus (as of 2 April 2020), we nevertheless decided to implement a number of measures to help mitigate future consequences.
Despite the sunny weather we’ve all been spending most of our time indoors. By ourselves, maybe a partner or a roommate and hopefully a stocked refrigerator, these can be lonely times. Social distancing is challenging, but could also be rewarding. Would you believe us if we tell you your self quarantine can actually empower communities?
Good news: there’s no need for you to go outside to make an impact. There are tons of things you can do from the comfort of your home. So put on your pajamas, pour yourself a beverage of choice and raise your glass. Here’s to solidarity!
Your precious ring depreciates dramatically the minute you walk out of the shop. Jewelry, amongst cars and phones, are goods that drop most in value. Diamond rings especially can collapse in price from $1000 to $50. Even when you have a certificate that verifies the diamond’s authenticity, diamond rings are only worth investing in when you buy them at the right price. It’s most likely that the price you pay is a false price, as high street jewelers usually have profit margins of 300%, excluding VAT.
Written by Koen The on 16 March 2020
Hello everyone, I just wanted to send you a brief note on the status of us here at Lendahand as it relates to the Coronavirus. As I am sure you are aware, the Coronavirus pandemic has escalated rapidly...
Written by Lucas Weaver on 16 March 2020
We’d like to introduce you to Georgian Credit: a microfinance organization established in 2006. By funding projects from Georgian Credit, you’ll empower hard-working entrepreneurs across Georgia.
Written by Thomas Plaatsman on 6 February 2020
We’re excited to announce our newest partner: Symbiotics. With over 425 institutions financed in 83 countries across the globe, Symbiotics is a leader in the world of impact investing. By partnering with us, Symbiotics hopes to add an innovative source of funding to its portfolio of institutional investors. We’re their first crowdfunding platform, allowing retail investors to directly select the companies they wish to invest in. Find out why we're joining forces.
Written by Lucas Weaver on 3 March 2020
It’s a tempting comparison to make: why leave extra money in your savings account earning 0% interest when you could invest it with Lendahand and earn around 3% in return? While the comparison may be tempting, I’m here to tell you why it’s actually like comparing apples and oranges.
Fighting poverty worldwide and making money out of it – seems quite contradicting, doesn’t it? In the past seven years, we’ve learned that it’s possible. In order to understand how this works, let’s first have a look at how poverty arises and how it stays in tact.
"Equality between men and women is not only a human right, it’s also the basis for a peaceful, prosperous and sustainable world”. We couldn’t agree more with the United Nations. Because women are still disadvantaged compared to men, the UN has made gender equality Sustainable Development Goal #5. By 2030, men and women must have equal rights such as education, health care and jobs. Find out how you can help to achieve this goal.
Written by Lily Zhou on 14 February 2020
Last month I wrote about my visit to our solar partner upOwa in Cameroon. Their solar home systems literally empower people. Even people in remote places get access to clean energy. Today I’ll take you to one of these places. Travel along to Sa’a and get to know the Bobofils family.
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