SJR Printers

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Sudáfrica

SJR Printers

Lulalend

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With a loan of EUR 29,250 Jerome Roberts will be able to increase his working capital and expand his business activities.

€29,250

Importe

3.75%

Interés

12 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€29,250
Interés	3.75%
Vencimiento	12 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 14 díasen 25 Octubre 2019.

El proyecto

Jerome’s story is an inspiring one. After completing his studies, he joined the family business, which his father had started after being retrenched from the company he had served for many years.

Jerome’s father built a successful printing business using the skills and contacts he had made over the years. As owner, Jerome has continued his father’s legacy, moving the business to larger premises in Parow, Cape Town. SJR employ a dedicated team of local staff and diversifying the business to meet changing industry needs.

Today, the printing side of the business is still flourishing, furthermore Jerome has successfully managed to incorporate digital printing and promotional work into the business and expanded his client base in the process.

Jerome needs short-term SME funding to increase his working capital and expand his business activities.

Nombre de la empresa	Lulalend
Director general	Jerome Roberts
Fundado	2000-01-01
Ubicación	Western Cape
Sector	Servicios
Volumen de negocio	€451,014
Empleados	20

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.