Funding Societies 46
Funding Societies is dedicated to providing accessible financing for small and medium-sized enterprises across Southeast Asia. With a loan from the platform, Aswin was able to expand his hardware store and compete more effectively with online retailers.
The project
Aswin runs a hardware store in Indonesia. In the past, he struggled to keep enough stock because he could only afford to buy small quantities, which meant paying higher prices per product.
The loan from Funding Societies provided Aswin with the working capital to purchase materials in larger volumes. Suppliers often offer discounts on bulk orders, helping him lower his costs. Now, Aswin can maintain a steady inventory and sell his products at more competitive prices. This helps him boost sales, expand his business, and increase his income. It also enables him to create jobs in his community.
By investing in Funding Societies, you support entrepreneurs like Aswin to grow their businesses, create jobs, and build long-term stability.
Funding Societies on Lendahand
- Active on Lendahand since: January 2021
- Total raised: €11,402,250
- Already repaid: €10,160,583
- Interest disbursed: €401.629
- Payments on time: 56 out of 56 (100%)
Your investment
- Annual interest rate: 6%
- With an investment of €1,000 the expected total repayment is €1,045
- Maturity: 12 months
- Currency: EUR
Funding Societies
Impact
SMEs comprise about 60% of Southeast Asia's GDP and provide most jobs, but they face a $320B financing gap. Funding Societies has stepped in to bridge this gap, financing over €815 million through more than 3 million business loans in the last five years. Their focus lies in short-term credit, typically under 12 months, tailored to meet the needs of SMEs.
The impact of their loans is significant. About 76% of SMEs use their loans for working capital. Many acknowledge that this financing was essential to keep their businesses open and maintain their workforce. Furthermore, Funding Societies fosters women's economic empowerment by supporting female entrepreneurs, who comprise 24% of their borrowers.
Investing in Funding Societies on Lendahand promotes financial inclusion and social mobility in Southeast Asia. With Funding Societies, you can contribute to regional development and make a real difference in people's lives. Due to financial and political instability in Indonesia, Funding Societies has been rather cautious in Indonesia and they have not grown that particular portfolio since 2023, with Lendahand investments being raised for Funding Societies Malaysia as of July 2026.
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