funding gap emerging markets

Lulalend is a South African SME lender. The company is built on the belief in the power of small businesses and strives to empower businesses throughout South Africa. Lulalend's loans are characterised by speed, convenience, and easy application. This is achieved through the company's automated online platform.

Trevor Gosling is the company's founder and has been its CEO since inception in 2014. Trevor is a chartered accountant with 7 years of experience in investment banking as well as 3 years experience in structured finance. Before starting Lulalend, Trevor found and succesfully exited an e-commerce venture.

Information Générale

EmprunteurLula Lend (PTY) Ltd
PaysAfrique du Sud
Siège socialCape Town
Financé13 Août 2014
Actif sur Lendahand depuis 1 Juin 2018

Informations financières au 2021-06-30

Aperçu du portefeuille€16 050 318,28
Ratio de levier30,00%
Ratio d'abandon de créances des 12 derniers mois7,91%
% montant de l'investissement en retard (>90 jours)3,17%

A propos de Afrique du Sud

South-Africa, officially Republic of South-Africa, is a country on the southern end of Africa. It is a developing country with, according to world standards, an average income level. The financial, legal, communication, energy and transport sectors are well developed as is the country’s infrastructure, but the unemployment rate, being 26%, is still especially high and the economical problems emerging from the apartheid system haven’t been solved. The government aims to improve economic growth and attract more foreign investments by softening labor legislation, accelerating privatization and diminishing government spending.

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