How it Works
Every investment you make in our projects helps fight poverty by funding entrepreneurs & SMEs working hard to grow their businesses.Closing the funding gap in emerging markets
Currently there is a €4.6 trillion annual funding gap between entrepreneurs & SMEs in emerging markets seeking funding and available capital from traditional financial institutions.
Choosing projects that fit your needs
Lendahand gives you the unique opportunity to invest in these entrepreneurs & SMEs in the form of projects on our crowdfunding platform.
Investing in entrepreneurs to fight poverty
By investing in entrepreneurs in emerging markets, you’re stimulating local economies, creating jobs, and providing opportunities to those who need it most.
Get your money back plus interest
Once your project is fully funded, you’ll start receiving principal repayments from your original investment plus interest every six months.
The problem we face
Over 700 million people live in extreme poverty. That’s 10% of the world population surviving on less than €1,90 a day. The majority of these people live in sub-Saharan Africa. For people living in poverty it’s a struggle to fulfill basic needs such as access to clean water and sanitation.
Causes of poverty include unemployment and social exclusion. It’s our mission to fight poverty in emerging markets by investing in people and businesses.
Empowering people, literally
Our investments allow entrepreneurs to expand their businesses and create jobs. By improving their socio-economic status, you’ll contribute to a higher standard of living. People will gain access to clean water, energy and sanitation.
When you invest in solar home systems for example, you make solar energy available to thousands of households. People can finally light up their homes at night, enabling children to do their homework.
Choosing your projects
Every project shows how your investment will be used. You’ll get an idea of how many jobs will be created or how local communities will improve because of your investment. Whichever project you choose, you’ll fight poverty in emerging markets by investing in people and businesses.
You’re in total control
What will your money contribute to? It’s totally up to you. You choose your own projects, based on criteria such as the location, interest, social impact and maturity. The maturity is the total length. You’ll receive repayments every six months until the investment reaches maturity. In other words: until it’s finished.
Getting started
All investments made through Lendahand start at €10. Want to invest more? You decide how much money you invest. First, decide on which project you want to crowdfund, followed by the desired amount and preferred payment method (iDeal for the Netherlands, Bancontact for Belgium or credit card). There are no extra fees. You’ll receive a confirmation mail shortly after.
Direct investments vs. Local partners
Each of our projects shows whether it’s a direct investment or an investment via a local partner. Though interest rates are higher for direct investments compared to those via a local partner, the risks are usually higher as well. Rest assured though, all parties meet our strict criteria, socially and financially.
Receiving repayments
Once the full amount for a project has been funded by our crowd, the money is wired to the local partner or directly to the business itself. This happens on the first day of the following month. At that point, your investment will begin earning interest. Your financial dashboard shows the projects you’ve invested in, as well as detailed information about your transactions. It’s also possible to change your settings there.
You will receive equal installments
Investments are repaid in equal installments, plus interest, every six months. Returns are based on the amount invested plus the established interest rate of the projects you crowdfund. When you receive your repayments, you may choose to reinvest in other projects or have the money deposited back into your bank account at no charge.