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funding gap emerging markets
South Africa

Top Media & Communications

  • Lulalend
  • Invest in a Financial Institution
  • + 122 other investors
  • With a loan of EUR 44,250 Top Media & Communications will be able to finance further growth and help more companies get media exposure.

    €44,250
    Amount
    3.75%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€44,250
    Interest3.75%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 17 September 2019.

      Summary

      25 years ago, in a new democracy, Top Media and Communications launched Topco with the aim of giving the best South African companies the market exposure they deserved.

      At a time when professional business directories and events were still nascent, they set out to research, identify and showcase top-performing companies to each other, to local and international investors and to key decision-makers in government.

      Their mission was to promote and award these companies but, in doing so, they further sought to grow an informal network in which the country’s thought-leaders would talk, exchange ideas and form meaningful partnerships to tackle economic challenges and grow South Africa’s prospects as a global competitor, for the good of all her people.

      Company nameTop Media & Communications
      CEOHaley Fletcher
      Founded2011-01-01
      LocationWestern Cape
      SectorServices
      Turnover€1,275,240.58
      Employees65

      Impact

      More than 40% of SMEs in Africa mention the lack of financing as the major factor limiting their growth. To help overcome this challenge, Lulalend offers access to funding to SMEs in South Africa by delivering working capital within 24 hours through their automated online platform.

      Easy access to working capital increases productivity and job creation, both necessary conditions to reduce poverty. A formal job creates impact on income and enables regularity of wages, allowing a family to plan for the future, save money, and improve access to credit, housing, and children’s education. It can lift unskilled workers out of poverty and allow skilled workers to enter the middle class. Therefore financing SMEs with growth potential is one of the key ingredients for inclusive growth.

       

      SDGs impacted

      With this project you are contributing to the following Sustainable Development Goals:

      SDG 1. No poverty

      SDG 8. Decent work and economic growth

      Read more about the impact you can make through our platform and the SDGs on our impact page.

      • With this investment 5 jobs are created
      • With this investment 65 lives are improved

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      We have already contributed to Top Media & Communications

      Huub Huijsmans
      Robert Mars
      Peter Boot
      André Kloosterman
      PHUYS Huys
      + and another
      122
      investors