Impact+ Soko Inc. 2020-1
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
6.25%
12 months
6 months
EUR
CurrencyAmount | €77,250 |
Interest | 6.25% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
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 name | Soko |
CEO | Joanne Calabrese |
Founded | 2011-01-01 |
Location | San Fransisco |
Sector | Manufacturing / Production |
Turnover | €2,300,000 |
Employees | 74 |
Impact
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- With this investment 5 jobs are created
- With this investment 2300 lives are improved