Funding Societies 29

Malaysia

Funding Societies 29

Funding Societies

Invester i mikrofinans

+ 440 andre investorer

Now that Atiqah has taken over her mother's bakery, she is focusing on growth with the help of Funding Societies. She invested in new, modern ovens, allowing her to produce more cookies. As a result, the bakery provides employment for four permanent employees and several part-timers.

€100,000

Beløp

6.00%

Interesse

18 måneder

Modenhet

6 måneder

Tilbakebetalinger

EUR

Valuta

Beløp	€100,000
Interesse	6.00%
Modenhet	18 måneder
Tilbakebetalinger	6 måneder
Valuta	EUR

100%

Fullt finansiert på 14 dager på 6 Juni 2024.

Prosjektet

Have you ordered the cake for the next birthday yet? In Malaysia, baker Atiqah would gladly prepare your order. Together with her four employees and some part-time helping hands, she bakes cookies and other treats in her bakery Eliqa.

When Atiqah took over the business from her mother in 2020, she saw opportunities for growth and dared to look further. Determined to expand the bakery, she sought financial assistance from Funding Societies. Thanks to a loan she could easily apply for online, Atiqah invested in new ovens, ingredients, and packaging materials, enabling her to produce more year-round. With the growth, the range of cookies and other products has expanded, and she has been able to hire four permanent and several part-time employees.

Your support to Funding Societies gives 15 local entrepreneurs in Malaysia the opportunity to improve their quality of life.

Take a look inside Atiqah's growing bakery:

What social return could your investment generate?

In Malaysia, small and medium-sized enterprises are central to the economy, accounting for more than 65% of employment. Your investment in Funding Societies makes a difference for 15 entrepreneurs in Malaysia. Supporting these businesses is crucial for both economic growth and improving living standards.

What financial return could your investment generate?

An annual interest rate of 6%.
The maturity of the loan is 18 months.
Your investment will be repaid in equal instalments, along with interest, every six months.
With an investment of 1,000 euros, your expected return would be 1,060 euros.
Currency: EUR

The story of Funding Societies

Funding Societies plays an important role in making financial services available to small and medium-sized businesses that are often overlooked in Southeast Asia. This specific project is focused on financing in Malaysia, but Funding Societies is also active in Indonesia, Vietnam, Thailand, and Singapore.

The goal of Funding Societies is to bridge the $320 billion financing gap in Southeast Asia, thereby promoting economic growth and prosperity in the region. Funding Societies believes that stronger SMEs contribute to stronger societies. In line with this belief, Funding Societies has actively provided more than 3 million loans to small and medium-sized businesses over the past years, amounting to a total of more than 815 million euros.

Investing in Funding Societies means not only supporting a financial platform but also directly contributing to strengthening economic and social opportunities in Southeast Asia.

Funding Societies in numbers

Founded in 2015 with headquarter in Singapore
600+ employees
Financed > €3 billion in loans
Disbursed > 80,000 SME loans
Active in 5 markets across Southeast Asia: Indonesia, Vietnam, Thailand, Malaysia, and Singapore

Selskapets navn	Funding Societies
ADMINISTRERENDE DIREKTØR	Kelvin Teo
Grunnlagt	2016-11-21
Beliggenhet	Singapore
Sektor	Finansielle tjenester
Omsetning	€9,200,000
Ansatte	600
Kredittpoeng	B+

Påvirkning

Små og mellomstore bedrifter står for rundt 60 % av Sørøst-Asias BNP og skaper de fleste arbeidsplassene, men de står overfor et finansieringsgap på 320 milliarder dollar. Funding Societies har gått inn for å tette dette gapet og har finansiert over 815 millioner euro gjennom mer enn 3 millioner bedriftslån i løpet av de siste fem årene. De fokuserer på kortsiktig kreditt, vanligvis under 12 måneder, som er skreddersydd for å møte behovene til små og mellomstore bedrifter.

Effekten av lånene deres er betydelig. Rundt 76 % av SMB-ene bruker lånene deres til driftskapital. Mange erkjenner at denne finansieringen var avgjørende for å holde virksomheten åpen og opprettholde arbeidsstyrken. I tillegg bidrar Funding Societies til å styrke kvinners økonomiske stilling ved å støtte kvinnelige gründere, som utgjør 24 % av låntakerne.

Ved å investere i Funding Societies på Lendahand fremmer vi finansiell inkludering og sosial mobilitet i Sørøst-Asia, nærmere bestemt i Indonesia og Vietnam. Med Funding Societies kan du bidra til regional utvikling og gjøre en reell forskjell i menneskers liv.