Rocotta Clay Brick and Cement Centre

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Sudáfrica

Rocotta Clay Brick and Cement Centre

Lulalend

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With a loan of EUR 49,200 Rocotta Clay Brick and Cement Centre will be able to purchase new equipment to keep up with their growing demand.

€49,200

Importe

3.75%

Interés

12 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€49,200
Interés	3.75%
Vencimiento	12 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 4 Octubre 2019.

El proyecto

Rocotta is the one stop shop for bricks in Polokwane, Limpopo region. Limpopo is still a very undeveloped province without proper housing. The bricks are therefore in demand from consumers wanting to build proper housing.

They supply a wide range of products, such as; stock bricks, pavers and cement. They strive to be your one stop shop for all your building needs.

Rocotta required the funding to purchase new equipment to keep up with their growing demand.

Nombre de la empresa	Lulalend
Director general	Renette Van Rhyn
Fundado	2004-01-01
Ubicación	Limpopo
Sector	Producción manufacturera
Volumen de negocio	€1,275,240
Empleados	25

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.