Afrique du SudImpact+ Lulalend 2019-1
With a loan of EUR 25,000 Lulalend will be able to provide working capital to small and medium Enterprises in South-Africa.
€25 000
3,75%
12 mois
6 mois
EUR
Devise| Montant | €25 000 |
| Intérêt | 3,75% |
| Maturité | 12 mois |
| Remboursements | 6 mois |
| Devise | EUR |
Le projet
Investments via Impact + are direct investments in financial institutions and/or companies and cannot be related to specific projects.
With a loan of EUR 25,000 Lulalend will be able to provide working capital to small and medium Enterprises in South-Africa.
| Nom de l’entreprise | Lulalend |
| PDG | Trevor Gosling |
| Création | 2014-01-01 |
| Lieu | Gauteng |
| Secteur | Services |
| Chiffre d'affaires | €500 000 |
| Employés | 25 |
Impact
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.
- Grâce à cet investissement 10 emplois sont créés
- Avec cet investissement 50 sont améliorées