funding gap emerging markets
Sudáfrica

Blockpower

  • Lulalend
  • Inversión con socio local
  • + otros 93 inversores
  • With a loan of EUR 32,600 Beanpower will be able to install more solar energy products in homes in South-Africa.

    €32,600
    Importe
    3.75%
    Interés
    12 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€32,600
    Interés3.75%
    Vencimiento12 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 6 horasen 18 Febrero 2019.
      Seleccionar importe
      Invertir desde €10
      Inversión media
      Basado en todas las inversiones históricas de Lendahand
      Financiación completa
      El proyecto se financiará por completo

      Resumen

      Trading since 2016 this sustainable energy company has been operating under the name of Blockpower. Director Kyle Bohnsack has had a career in solar power since 2007 when he was a manager at Electron Technologies. Since then he has attended a number of courses and obtained certificates relating to renewable energies.

      Kyle has a great love for animals and has volunteered at two animal welfare organisations in 2005 and 2016 to present. Blockpower procures, manufactures and installs solar energy products in homes, with a focus on multiple home estates. There are currently 6 full time employees at Blockpower.

       

      Blockpower found themselves at the onset of a large contract and no money to fund it; as they were eager to start prior to debtor payments being received. Lulalend was able to provide them[1]  with the funds needed to commence the project without wasting valuable time.

      Nombre de la empresaBlockpower
      Director generalKyle Bohnsack
      Fundado2016-01-01
      UbicaciónJohannesburg
      SectorProyectos de energía sostenible
      Volumen de negocio€162,888.14
      Empleados6

      Impacto

      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.

       

      Related blog articles

      Read here the introduction of Lulalend as a new Lendahand investment opportunity.

      Curious to learn more on how Lulalend uses technology to fight poverty? Read more here.

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      Ya hemos invertido en Blockpower

      Suzan van der Meij
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      Edwin Tofield
      Elise Schroer
      André Kloosterman
      + y otros
      93
      inversores