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funding gap emerging markets
South Africa

SDS Protection

  • Lulalend
  • Invest in a Financial Institution
  • + 191 other investors
  • With a loan of EUR 60,750 SDS Protection will be able to react quickly to potential clients' needs in order to secure upcoming tenders.

    €60,750
    Amount
    3.75%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€60,750
    Interest3.75%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 1 October 2019.

      Summary

      SDS protection has an out of the box approach and solutions to each individual’s security needs. The standard industry is to place many guards on a site, but they prefer to intertwine technology and guarding to deliver the best possible service to their clients.

      The founding members of SDS protection are young, dynamic individuals looking to build a name of integrity, honesty and service in every aspect of day to day business. They seek to create a peace of mind for every client knowing that when SDS Protection is on the job; their assets and lives are in safe hands.

      SDS protection frequently finds itself in need of a cash injection to provide for upcoming tenders. With the credit facility provided by Lulalend, SDS has quick access to funding when ever SDS may need it. They can draw down the desired amount and not have to go through an application process each time.

      Company nameSDS Protection
      CEOBrett Schwartz
      Founded2013-01-01
      LocationGauteng
      SectorServices
      Turnover€1,396,692
      Employees150

      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 25 lives are improved

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      We have already contributed to SDS Protection

      Jos Schreur
      Frank Fekken
      Elly Vos
      suzanne nivard
      Frans Wittenberg
      + and another
      191
      investors