To enable companies to grow, financial support as well as knowledge very important. Lendahand Foundation empowers SMEs in emerging countries by training them. De Foundation is linked to the Lendahand crowdfunding platform which provides loans to SMes. Both loans (Lendahand) + training (Lendahand Foundation) together are the ideal combination to tackle poverty structurally.
What we do
In 2016 Lendahand Academy was founded, an interactive training program excisting out of 4 modules: Business Model Canvas, Marketing & Sales, Financial Management and a Graduation Day. The Academy offers both a basic and advanced level. This way we can help SMEs move forward!
The Lendahand Foundation is now active in 3 countries: the Philippines, Ghana and Mongolia. Since its launch in 2014, 30 trainings were already provided to 506 entrepreneurs. In the Philippines the first group of 20 entrepreneurs finished the entire Academy program and begin 2017 we started in Mongolia with our Academy program.
What you can do
Through the Foundations' website Foundation you can make a donation. Meanwhile, we received an ANBI status which means your gift is deductible. Your investment in local entrepreneurs' knowledge pays off in increased growth of SMEs but also ensures the entrepreneur is able to repay the loan. This is not only convenient for the entrepreneur, his/her family and our local partner, but also for you. Costs to train an entrepreneur one whole day are on average 100 dollar, although every euro is welcome!
On behalf of our entrepreneurs, thank you in advance!