plusplus crowdfunding
Because its a loan, wed like to create a gift that keeps on giving and becomes part of continuous money flows to people who have difficulty accessing financing.. He adds: The other big benefit from this loan was the confidence and motivation it gave us knowing that on the other side of the world there were hundreds of people who cared, even at a difficult time for themselves., You can help support food security and small businesses with PlusPlus today. Win win! Projects that have received funding include a potato processing factory in Kenya, a pineapple processing plan in Benin and small startups in Ghana, and investors put in anything from 50 to several thousands. PlusPlus: helping small food firms to grow via crowdfunding On average, a loan runs for 24 months. Impact investment refers to investments made into companies with the specific intention of creating measurable social or environmental impact, in addition to financial return. This new crowdfunding platform, co-founded by Cordaid 1.5 years ago, has reached its first million! Los pases de esta regin tienen mucho que ofrecer. We don't like spam, so we won't email you more than twice a month. Depending on the size of the company, an amount between 10,000 and 1,000,000 is often required to successfully grow. Not by donating money, but by giving a loan. For Pod Chocolate, which works with local farmers to produce all-vegetable, artisanal chocolate, production almost ground to a halt. In a small chocolate production facility in Bali, the pandemic wasnt just a health crisis. How it works At PlusPlus.nl you can invest in entrepreneurs in the agriculture and food value chain in Africa, Asia or Latin America. Solidaridad and partners receive funding from P4G for joint Do you have questions about who we are or how we operate? Do you want to create an impact as well? The PlusPlus Partnership grant is part of the 2019 global competition of Scale-Up Partnerships led by P4G. The PlusPlus crowdfunding platform aims to ensure and further foster food security, entrepreneurship and employment in Africa, Asia and Latin America. As of 1st January 2021 ICCO has joined forces with Cordaid and continues as one organization under the name Cordaid. Its not a donation, but an investment. P4G Partnering for Green Growth and the Global Goals 2030 is a global network aiming to drive green economic growth through scaling up innovative public-private partnerships, and has thus selected seven public-private partnerships in the 2019 global competition. PlusPlus is the first crowdfunding platform (crowdfunding) focused on agri-food chain companies. PlusPlus: Give Money Meaning - ICCO EN You follow your entrepreneurs as they put your money to work. Isaac Gyamfi, backing organisation Solidaridads regional director for West Africa, based in Ghana, explains that the PlusPlus crowdfunding solution wants to support small and medium sized enterprises that dont have the credit history to raise money from banks. We were with. Meanwhile, if you are interested in learning more about PlusPlus and how you could join us in strengthening food systems in Central America, please contact Lucette Martinez Pallais, the regional PlusPlus coordinator at lucette@solidaridadnetwork.org. Centroamrica es una regin en s misma. There is microfinancing for the smallest institutions and a good availability for money for larger ones but theres a missing middle.. Its our pleasure to be there for you! Projects that have received funding include a potato processing factory in Kenya, a pineapple processing plan in Benin and small startups in Ghana, and investors put in anything from 50 to several thousands. P4G 2019 Scale-Up Partnerships Watch on You want to use your money to do good, but how do you know it actually does? Targeting the ecosystem around farming communities, you can stimulate employment, economic development, food security and indirectly support farming in smaller farms.. December 2021. Subscribe now to receive the latest news from our experts, right from the heart of the world's largest crises. With a loan, you can give talented agricultural entrepreneurs in developing countries a helping hand. The first loan was really important to purchase sugar to enable us to keep producing, he explains. However, access to finance so that Central American SMEs can grow, create more jobs and accelerate recovery from COVID is limited, particularly in the agri-food sector. Giving a loan at PlusPlus is a way to give your money a lot of meaning, because it comes back to you and you can invest in a new entrepreneur again. And the best piece of news is: once the loan is paid back, the investor can re-invest again in another agricultural SME. Milestone for PlusPlus: one million invested in impact, With the right support, everyone can soar. Building an inclusive future for Nepalese coffee, Video: Supporting farmers in Hawija to grow their business. Solidaridad and partners receive funding from P4G for joint For ICCO, PlusPlus is an innovative new addition to our strategy towards a world without poverty. Sybren Attema, CEO ICCO Cooperation. A more flexible financing solution like PlusPlus is a huge benefit. PlusPlus is an agri-food SME loan mechanism. While investments in agri-SMEs creates social impact, access to the necessary finance is difficult for these entrepreneurs. They are really focused on helping people develop themselves and their businesses. It sources funds from the crowd and uses locally based experts to support the analysis of SME business propositions. In 2020 we launched PlusPlus, a crowdfunding platform that provides flexible financing to SMEs in the agri-food sectors in Latin America, Asia and Africa. To get a traditional loan is a long and technical process requiring security and a self-financing component, adds Garritt. Resources CoP Finance & Outreach - Food & Business Knowledge Platform Europe - Solidaridad Network We look forward to seeing you there! Payment terms could range from 1 to 7 years, offering you the payment flexibility that you may need. PlusPlus is an initiative of Solidarity and Cordaid, the crowdfunding platform Lendahand and Truvalu. It feels like you can make someones dream come true with only a small amount., Nice initiative where you support someone and then get your money back so you can support someone else., You see exactly what your loan is used for and what impact is made with it, even in the long run., At PlusPlus I feel that Im really contributing to improvement., Stay informedKeep up with the latest projects and impacts by email. Sustainable production can make a major contribution to the transition to low-carbon and green economies and to improving the living standards of everyone involved in the value chain. The entrepreneur pays back the loan in installments. You select which entrepreneur you want to invest in, and how much. 18 May 2022 It's time for celebration at PlusPlus. Visit PlusPlus.nl and meet our entrepreneurs. PlusPlus - YouTube By providing the necessary investments, these agri-businesses can expand further and reach more scale, which creates new jobs and boosts the local economy. You receive no interest, but your money does become more valuable. PlushFunding - Personal Loans and Credit $5,000 up to $100,000 - Plush We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. An innovative crowdfunding initiative by Solidaridad, Lendahand, ICCO Corporation and Truvalu.More information: https://plusplus.nl/ Solidaridad is pleased to share that the new crowdfunding platform PlusPlus, a joint initiative by Solidaridad and partners Lendahand, ICCO Cooperation and Truvalu, was selected for the P4G Scale-Up Partnerships grant of one million USD. Do you have questions about who we are or how we operate? The organisation takes a brokers fee of 6% to 7% to cover costs, and the idea is to become a sustainable social enterprise. Solidaridad developed the platform with partners Cordaid, Lendahand and Truvalu to provide an innovative investment mechanism for individual investors in Europe who are interested in generating impact through their investments. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day. Raise $14 million fromthousands ofprivate investorsto fund 30 businesses thatcould ultimately benefit as many as 30,000 small farmers; Boost the expansion of many scalable agri-food businesses that would ultimately contribute to sustainable economic development and the fight against hunger and poverty. Through crowdfunding, we raise capital for small and medium-sized enterprises in the agricultural sector. My vision is to see beneficiaries guided and coached as they start these businesses so they can grow and become successful with the PlusPlus money, he says. With an interest-free loan to an entrepreneur of your own choice, you create new jobs and more sustainable food production in Africa, Asia and Latin America. This way you get to know more about the entrepreneur and how your money is invested. You decide in which entrepreneur you invest. While investing in agri-SMEs creates social impact, access to the necessary finance is difficult for these entrepreneurs. The platform provides access to finance for agri-food SMEs and aims to ensure and further foster food security, entrepreneurship and employment in Africa, Asia and Latin America. Isaac Gyamfi, backing organisation Solidaridad's regional director for West Africa, based in Ghana, explains that the PlusPlus crowdfunding solution wants to support small and medium sized enterprises that don't have the credit history to raise money from banks. Welcome to my website. It was also used for working capital at a time when we needed it the most. Partners: The website is currently only available in Dutch, but and English version will be available very soon. After its been paid back to you, you can use it again. The entrepreneur uses your contribution to improve his or her business. Subscribe to our newsletter for the latest updates on projects. Applies due diligence: No The farmers incomes improved and their pineapple production became more sustainable. Computer teacher since 1993, presently working in The Netherlands, I've created this site to share my computer knowledge. They are too big for microfinance, yet too small or high risk for loans from a regular bank. Easy with computers! - jorgevilar.com This provides extra income and new jobs. PlusPlus bridges this gap by connecting them to investors in the Netherlands who provide them affordable loans. During project implementation, PlusPlus accompanies entrepreneurs to ensure their projects stay on track and to measure results. It was also used for working capital at a time when we needed it the most. Overview This role supports the Impact Investment division of Solidaridad Zambia and pipeline origination and development for PlusPlus, a Solidaridad crowdfunding platform. Once the total loan amount is raised, the entrepreneur receives the loan and invests it in their business. Atrapado entre dos ocanos, forma un puente entre dos continentes. This threatened to stop our production, which would also impact our work with farmers and local communities. Learn how at: https://www.plusplus.nl/en-EU. In 2008, it became necessary to look at other means of expediting our receivables as we have a good customer base, but the terms continue to lengthen causing our company to experience aging difficulties on all ends of payments. After repayment, you can keep your money, or you can invest it again, creating even more impact with the same amount. There is also an investor demand for projects that deliver impact, she says. The PlusPlus crowdfunding platform aims to ensure and further foster food security, entrepreneurship and . We will share more guidelines in another article coming soon. This was the platforms first project in Central America. Because its a loan, wed like to create a gift that keeps on giving and becomes part of continuous money flows to people who have difficulty accessing financing.. Thanks to loans from PlusPlus investors, they were able to teach 400 farmers to grow their pineapples organically, in order to buy them from them at a good price. "We appreciate Plus Funding Group's quick turnaround and commitment to our recent acquisition and . The entrepreneur pays back the loan in installments. Interested? For example: in 2021, over 8,700 farmers and their families have increased their incomes, more than 4,000 farmers received training in climate-smart agricultural techniques to improve their harvests and 87 new jobs were created, mainly benefiting women and young people. This new crowdfunding platform for social impact was founded by Cordaid, Solidaridad, Lendahand and Truvalu. Working capital. Our Work Projects When the money is paid back, it is a revolving fund., Suzanne Larsson, a board member of PlusPlus, said an English language version has just been launched. In this way, PlusPlus forms a sustainable solution to the persistent challenge of access to finance. You can always unsubscribe with a single click. On average, a loan runs for 24 months. Yet, data managed by the International Finance Corporation through the SME Finance Forum indicate that there is a $1,044,494 million finance gap for MSMEs in the LAC region. People feel giving is not always the best way and a loan that is repaid makes more sense, and they can select the entrepreneurs and stories which appeal to them. PlusPlus: helping small food firms to grow via crowdfunding We support them in their struggle to move beyond survival and to fully participate in equitable and resilient societies. PlusPlus is proud to partner with PUM Netherlands senior experts! In a knowledge brief by the Global Accelerator Learning Initiative (GALI), authors concluded that there is clearly a mismatch in the type of funds entrepreneurs need and the type of financing available in Central America. On our platform you can invest as little as 50. A huge amount, lent by investors in the Netherlands to entrepreneurs in developing countries. Crowdfunding through PlusPlus brings together conscientious individual investors who are keen to make a difference through their investment decisions. Companies seeking a loan through PlusPlus must fulfill a set of requirements regarding their business and impact model. PlusPlus bridges this gap by connecting them to investors in the Netherlands who provide them affordable loans. Meanwhile, development organizations like the United Nations Development Programme affirm that supporting productive small- and medium-sized enterprises (SMEs) can become the regions motor of recovery following the COVID-19 crisis.
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