Invest in the refurbishment of Miranda’s organic restaurant

Östtimor

Invest in the refurbishment of Miranda’s organic restaurant

Kaebauk (KIF)

The €50,000 goes to 30 entrepreneurs

+ 225 andra investerare

€50,000

Belopp

5.25%

Intresse

36 månader

Löptid

6 månader

Återbetalningar

USD

Valuta

Belopp	€50,000
Intresse	5.25%
Löptid	36 månader
Återbetalningar	6 månader
Valuta	USD

100%

Fullt finansierat på 15 dagarpå 15 Maj 2024

Projektet

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.

Företagets namn	Kaebauk (KIF)
VD	Angelo Soares
Grundat	2016-08-24
Plats	Dili, Timor Leste
Sektor	Finansiella tjänster
Omsättning	$7,000,000
Anställda	324
Kreditvärdighet	A+

Påverkan

För närvarande lever 41% av befolkningen i Östtimor under fattigdomsgränsen och endast 13% av befolkningen har tillgång till regelbundna finansiella tjänster. Förekomsten av en finansiell institution som KIF är avgörande för Östtimors ekonomiska tillväxt.

Kaebauk Investimentu no Finansas, SA (KIF) har åtagit sig att vara en pålitlig och tillgänglig finansiell institution i Östtimor. Mikrofinansieringslån och relaterade tjänster ges till ett stort antal fattiga entreprenörer på ett hållbart och reglerat sätt, vilket i slutändan förbättrar livskvaliteten för familjer och stärker kvinnors ställning. Cirka 70% av alla lån riktas till kvinnliga entreprenörer.

Med ett lån från Lendahand kommer KIF att kunna ge finansiellt stöd till ett antal landsbygdsföretagare, jordbrukare, kvinnoägda företag och andra små och medelstora företag i Östtimor. Med din investering i den lokala partnern KIF kan entreprenörer expandera sina verksamheter och skapa arbetstillfällen.