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funding gap emerging markets
Afrique du Sud

Turbo Properties Service Center

  • Lulalend
  • Investir dans la microfinance
  • + 128 autres investisseurs
  • With a loan of EUR 60,750 Turbo Properties Service Center will be able to grow their business and open an extra branch.

    €60 750
    Montant
    3,75%
    Intérêt
    12 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€60 750
    Intérêt3,75%
    Maturité12 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 2 heures sur 30 Septembre 2019.

      Le projet

      Turbo Prop Service Centre, is a South African Civil Aviation Authority (SACAA) Approved Aircraft Maintenance Organization (AMO 076) providing a professional, personalized and value-added service to the Aviation Industry since 1992.

      With their facility ideally located at Lanseria International Airport, they are able to cater for various aircraft related requirements. Whether it be maintenance, repairs, parts support, hangarage or just simply advice. 

      All maintenance work is overseen by their highly experienced and established team of Senior Managers, with well over 100 years combined experience, with an emphasis on quality, reliability and value.

      They pride themselves on working with a team of individuals who are passionate about the aviation industry. This passion is reflected in the high quality of workmanship that is evident on a daily basis.

      Turbo Properties found itself seeking expansion and wanting to open up more branches. With an advance from Lulalend they were able to do just that and grow their business and their opportunities through funding.

      Nom de l’entrepriseLulalend
      PDGCaryn Scrimgeour
      Création1992-01-01
      LieuGauteng
      SecteurServices
      Chiffre d'affaires€971 611
      Employés29

      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 5 emplois sont créés
      • Avec cet investissement 25 sont améliorées

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      Nous avons déjà contribué à Turbo Properties Service Center

      Jacques van den Bosch
      Jan de Wit
      Gert Mosterd
      Gert Baas
      Ron van Eijk
      + et autre
      128
      investisseurs