Rocotta Clay Brick and Cement Centre

1er investissement ? 500 € garantis avec le code GOODSTART.

Afrique du Sud

Rocotta Clay Brick and Cement Centre

Lulalend

Investir dans la microfinance

+ 135 autres investisseurs

With a loan of EUR 49,200 Rocotta Clay Brick and Cement Centre will be able to purchase new equipment to keep up with their growing demand.

€49 200

Montant

3,75%

Intérêt

12 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€49 200
Intérêt	3,75%
Maturité	12 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 1 jour sur 4 Octobre 2019.

Le projet

Rocotta is the one stop shop for bricks in Polokwane, Limpopo region. Limpopo is still a very undeveloped province without proper housing. The bricks are therefore in demand from consumers wanting to build proper housing.

They supply a wide range of products, such as; stock bricks, pavers and cement. They strive to be your one stop shop for all your building needs.

Rocotta required the funding to purchase new equipment to keep up with their growing demand.

Nom de l’entreprise	Lulalend
PDG	Renette Van Rhyn
Création	2004-01-01
Lieu	Limpopo
Secteur	Fabrication / Production
Chiffre d'affaires	€1 275 240
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.