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funding gap emerging markets
Kenya

Logistics Link Limited 3

  • Umati
  • Invest in a Financial Institution
  • + 155 other investors
  • With EUR 100,000 Charles can provide end-to-end solutions to more SMEs in Uganda en Tanzania, especially for fresh products.

    €100,000
    Amount
    7.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€100,000
    Interest7.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 hours on 8 November 2017.

      Summary

      Read the information document of the issuer here

      Charles and Chrisant founded Logistics Link back in 2009. Prior to entrepreneurship, Charles was a Supply Chain expert taking on various leading roles in multinational companies across media, aviation, and security.

      Having identified a niche (bespoke logistics services to small to medium enterprises) in the market, Charles launched Logistics Link.

      As you can imagine with any new venture, the road was tough. Charles’s determination to succeed ensured the company grew from strength to strength. Logistics Link now provides end-to-end solutions to small to medium enterprises across Kenya. Services provided to clients include freight forwarding, customs clearing, warehousing, trucking and distribution across East Africa.

      A key client sector Logistics Link supports is the small-scale trader of fresh produce and trade goods. Thanks to Logistics Link, small-scale traders are able to cost-effectively move fresh produce & trade goods seamlessly within Kenya and across borders.

      With your support, Logistics Link will increase affordable services offered to small-scale traders who are arguably the key buyers of produce from the rural informal farmers.

      Following the last loan, Logistics Link has been able to internally hire more women, which is unique in the industry (1.5 women: 1 man). This also allows the business to serve more women-owned small and medium-sized businesses throughout East Africa.

      This loan is to support working capital for expansion into Uganda and Tanzania working on the Kenya base.

      Company nameLogistics Link Limited 3
      CEOCharles Mbindo
      Founded2009-01-01
      LocationNairobi
      SectorServices
      Turnover€2,529,489.63
      Employees41

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 5 jobs are created
      • With this investment 20 lives are improved

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      We have already contributed to Logistics Link Limited 3

      Corné de Haas
      Wim Mortier
      Hajé van Egmond
      Rene van den Burg
      Gert Baas
      + and another
      155
      investors