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funding gap emerging markets
Kenya

Impact+ Soko Inc. 2020-1

  • Soko
  • Invest in a business
  • + 4 other investors
  • With EUR 77,250 B-Corp SOKO will be able to procure ethically sourced products from 2,300 Kenyan artisans and sell these products in 64 countries worldwide.

    €77,250
    Amount
    6.25%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€77,250
    Interest6.25%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 hours on 27 March 2020.

      The project

      SOKO is driven by purpose—to empower marginalized artisans and the communities in which they live by preserving artisanal production techniques and cultural heritage for future generations. The working capital facility with Lendahand will enable SOKO to procure ethically sourced products which are sold through our retail accounts and own direct to consumer business Shopsoko.com. The products are sold in over 64 countries and in over 600 points of distribution across United States, Europe, Asia, Canada and Australia.

       

      Company nameSoko
      CEOJoanne Calabrese
      Founded2011-01-01
      LocationSan Fransisco
      SectorManufacturing / Production
      Turnover€2,300,000
      Employees74

      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 2300 lives are improved

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      We have already contributed to Impact+ Soko Inc. 2020-1

      Peter Boot
      A. Huibers
      + and another
      4
      investors