Funding Societies 61

For Mohd, safety comes first. Through his company, Heron Solutions, he provides security solutions for businesses and individuals in Malaysia. Thanks to a loan from Funding Societies, he was able to expand his inventory and provide a safe environment for more people.

funding gap emerging markets
Funding Societies
Company
Malaysia
Country

The project

Mohd’s company is all about security: it offers a range of security solutions, from CCTV systems and alarm systems to automatic gates and additional services. Mohd founded the company and now has 8 employees.

Mohd’s client base is diverse: ranging from business clients to individuals looking to secure their homes or commercial properties. To continue meeting this demand, he sought financing to replenish his inventory and ensure that day-to-day operations ran smoothly.

Mohd first heard about Funding Societies on the radio. He applied for a loan online through the Funding Societies website. Shortly after submitting the application, Heron Solutions received the funding.

Funding Societies plays a key role in making financial services more accessible to small and medium-sized enterprises in Southeast Asia. This project specifically targets entrepreneurs in Malaysia.

With your investment, entrepreneurs like Mohd get the opportunity to grow their businesses and improve their services.

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

CEO
Kelvin Teo
Founded
2016-11-21
Location
Singapore
Sector
Financial services
Turnover
€9,026,270
Employees
600
€180,000raised
Fully funded in 36 minutes on 10 September 2026.
359investors
€180,000
target
6.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score
Growth financing
Euro

Impact

6
Lives improved

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.
 

Related blog posts

  • Read the introduction of Funding Societies as an investment opportunity here.
  • Want to learn more about Funding Societies? Read our email interview with CEO Kelvin Teo here.
  • Curious about the impact Funding Societies and Lendahand create together? Watch our interview with Funding Societies’ COO and impact manager, Vikas, here.