Kaebauk 8

At the vegetable market in Liquiça, we meet Imaculada. She sells spinach and tomatoes, which she buys from a local farmer. Kaebauk is supporting 60 entrepreneurs with the financing of this project.

funding gap emerging markets
Kaebauk (KIF)
Company
Timor-Leste
Country

The project

For the past few years, Imaculada has been running a small stall at the vegetable market in Liquiça. Every morning, she buys fresh produce from a farmer, which she sells the same day at the market. Right now, her husband is unemployed. With the help of a microloan and her long days at the market, Imaculada manages to support her family. She hopes her husband will find a job soon, but in East Timor’s limited job market, that’s not easy. The country suffers from a lack of industry and business activity. Yet, Imaculada remains hopeful that things will turn around.

With this investment via Kaebauk, you support 60 entrepreneurs with a microloan.


Kaebauk on Lendahand

  • Active on Lendahand since: June 2023
  • Total funds raised: €646,683
  • Amount repaid: €59,539
  • Interest paid: €17,288
  • On-time repayments: 2 out of 2 (100%)

Your investment

  • Annual interest rate: 5.25%
  • Return: 9.1%. For an investment of €1,000, the expected total repayment is €1,091.
  • Duration: 36 months
  • Currency: dollar. Please note that while you invest in euros, the loan is in dollars, which means there is a risk of currency fluctuations between the two. Visit our page on currency risks for more details.
     

Kaebauk (KIF)

CEO
Angelo Soares
Founded
2016-08-24
Location
Dili, Timor Leste
Sector
Financial services
Turnover
€7,000,000
Employees
324
€64,570raised
Still €35,430 needed, 48 days to go
276investors
Invest in microfinance
€100,000converted to
USD
target
5.25
%
Interest
36
months
Maturity
6
months
Repayments
A+
B
C
D
E
Credit score

Impact

60
Lives improved

In East Timor, 42% of the population lives below the poverty line, with very few formal job opportunities. Most people lack a stable income, and Kaebauk aims to change that.

As a microfinance institution, Kaebauk helps micro-entrepreneurs set a loan amount that they can manage, ensuring they won’t face repayment difficulties. Kaebauk also supports medium-sized businesses, which typically borrow larger amounts to use as working capital or to invest in their businesses. Through Lendahand, you can contribute to strengthening the local economy, while Kaebauk helps reduce the risks.

By investing in microfinance institution Kaebauk, you can support entrepreneurs in a vulnerable economy. Your investment empowers 60 local entrepreneurs and offers them a chance at a better future.

 

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.

 

Related blog posts

  • In 2024, we visited Kaebauk in East Timor. Read more about it in this blogpost.
  • Read more about Kaebauk here in their introduction blogpost.
  • Want to learn more about how financial inclusion can thrive entrepreneurship? Read here.