Kaebauk 17
Microfinance institution Kaebauk empowers vulnerable micro-entrepreneurs in Timor Leste through loans and practical financial knowledge. By investing in this project, you provide 50 entrepreneurs like Imaculada with the opportunity to grow their business. Are you joining?
The project
Meet Imaculada. She sells spinach and tomatoes that she buys from a farmer on the vegetable market in Liquiç, Timor Leste. Her husband’s job is uncertain, so Imaculada takes on the responsibility of providing for their family. Thanks to a microloan and Imaculada’s long days at the market, she manages to do so.
While East Timor’s job market remains limited because of a lack of industry and business activity, there are signs of change. Imaculada remains hopeful for the future. With this investment via Kaebauk, you’re helping entrepreneurs move forward with the support of a microloan.
Kaebauk on Lendahand
- Active on Lendahand since: June 2023
- Total raised: €1,114,137
- Amount repaid: €152,985
- Interest paid: €34,453
- On-time repayments: 10 out of 10 (100%)
Your investment
- Annual interest rate: 5.25%
- For an investment of €1,000, the expected total repayment is €1,091.
- Maturity: 36 months, with a grace period of 6 months, meaning you will receive your first repayment, including interest, after 12 months. You will then receive repayments every 6 months, including interest, resulting in 5 repayments in total.
- Currency: dollar. Please note that while you invest in euros, the loan is in dollars, which means there is a risk of currency fluctuations between the two. Visit our page on currency risks for more details.
Kaebauk (KIF)
Impact
In East Timor, 42% of the population lives below the poverty line, with very few formal job opportunities. Most people lack a stable income, and Kaebauk aims to change that.
As a microfinance institution, Kaebauk helps micro-entrepreneurs set a loan amount that they can manage, ensuring they won’t face repayment difficulties. Kaebauk also supports medium-sized businesses, which typically borrow larger amounts to use as working capital or to invest in their businesses. Through Lendahand, you can contribute to strengthening the local economy, while Kaebauk helps reduce the risks.
- 55% of Kaebauk's loans are provided to women.
Related blog posts
- In 2024, we visited Kaebauk in East Timor. Read more about it in this blogpost.
- Read more about Kaebauk here in their introduction blogpost.
- Want to learn more about how financial inclusion can thrive entrepreneurship? Read here.
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