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funding gap emerging markets
Sudáfrica

Impact+ Spartan 2019-2

  • Spartan Impact Finance
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  • With EUR 177,500 Spartan will be able to provide working capital to companies so these entrepreneurs can continue to grow their business.

    €177,500
    Importe
    3.50%
    Interés
    12 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€177,500
    Interés3.50%
    Vencimiento12 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 1 día.en 27 Noviembre 2019.

      El proyecto

      Investments via Impact + are direct investments in financial institutions and/or companies and cannot be related to specific projects.

      With a loan Spartan will be able to provide working capital to small and medium enterprises in South-Africa.

      Nombre de la empresaSpartan Impact Finance
      Director generalKumaran Padayachee
      Fundado2011-01-01
      UbicaciónJohannesburg
      SectorServicios financieros
      Volumen de negocio€3,200,000
      Empleados26

      Impacto

      SMEs are crucial to the economy in South Africa, yet they struggle to access the capital they need to grow and thrive. Spartan Impact Finance provides funding to growing South African SMEs through their digitized financing process. They understand the entrepreneur's business and needs, and help strengthen skills, knowledge, and efficiency to run a growing business successfully. 

      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.

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