Invest in the refurbishment of Miranda’s organic restaurant

Øst-Timor

Invest in the refurbishment of Miranda’s organic restaurant

Kaebauk (KIF)

The €50,000 goes to 30 entrepreneurs

+ 225 andre investorer

€50,000

Beløp

5.25%

Interesse

36 måneder

Modenhet

6 måneder

Tilbakebetalinger

USD

Valuta

Beløp	€50,000
Interesse	5.25%
Modenhet	36 måneder
Tilbakebetalinger	6 måneder
Valuta	USD

100%

Fullt finansiert på 15 dager på 15 Mai 2024.

Prosjektet

Invest in a project that supports small family businesses in a vulnerable economy.

Cooking is Miranda’s greatest passion. She started her restaurant from scratch in 1999 and is now renowned for her daily buffet of exclusively organic and Timorese dishes. With a loan of €10,000, she purchased all the necessary ingredients and cooking equipment. Now, she wants to use a new loan to invest in a small renovation and further decorate her colorful restaurant. She receives her loans from the microfinance institution Kaebauk.

We meet Miranda at her restaurant Lemorai, which means 'traveler' in the local Tetum language. Appropriately, her restaurant is located along the busiest road in Dili, the capital of East Timor, where much traffic passes by.

The menu features organic dishes from local harvests, such as spinach, carrot, fish, and sweet potato. The restaurant is open daily until the buffet runs out. When we arrive around 4 PM, the last guests are just sitting down.

Miranda is a restaurant owner in East Timor and receives financing through Lendahand — *Miranda offers a buffet of local produce*

As a single mother, Miranda has built a strong legacy for her two daughters with her restaurant. Additionally, she has a big motherly heart. Her employees are welcome to live with her, as many of them live far from family or cannot rely on family support. In the restaurant and with Miranda, they feel at home.

In East Timor, 42% of the population lives below the poverty line, with little formal employment available. The majority of the population does not have consistent income.

You are investing in Kaebauk, a microfinance institution in East Timor with a social mission. They assist entrepreneurs and low-income families with financing. Their clients can count on individual advice from their contact person at Kaebauk. They share financial knowledge with entrepreneurs, enabling them to make informed decisions and grow their businesses.

Your support for Kaebauk through investment in this project will help 30 local entrepreneurs like Miranda, offering them a chance for a better life.

Selskapets navn	Kaebauk (KIF)
ADMINISTRERENDE DIREKTØR	Angelo Soares
Grunnlagt	2016-08-24
Beliggenhet	Dili, Timor Leste
Sektor	Finansielle tjenester
Omsetning	$7,000,000
Ansatte	324
Kredittpoeng	A+

Påvirkning

For tiden lever 41 % av befolkningen i Øst-Timor under fattigdomsgrensen, og bare 13 % av befolkningen har tilgang til vanlige finansielle tjenester. Eksistensen av en finansinstitusjon som KIF er avgjørende for den økonomiske veksten i Øst-Timor.

Kaebauk Investimentu no Finansas, SA (KIF) har forpliktet seg til å være en pålitelig og tilgjengelig finansinstitusjon i Øst-Timor. Mikrofinanslån og relaterte tjenester tilbys til et stort antall fattige entreprenører på en bærekraftig og regulert måte, noe som til syvende og sist forbedrer livskvaliteten for familier og styrker kvinners stilling. Om lag 70 prosent av alle lånene er rettet mot kvinnelige entreprenører.

Med et lån fra Lendahand vil KIF kunne gi økonomisk støtte til en rekke entreprenører på landsbygda, bønder, kvinneeide bedrifter og andre små og mellomstore bedrifter i Øst-Timor. Med din investering i den lokale partneren KIF kan gründere utvide virksomheten sin og skape arbeidsplasser.