The project

Funding Societies is a fintech platform in Southeast Asia focusing on loans for small and medium enterprises (SMEs). The company aims to close the financing gap for SMEs by connecting them directly with private and institutional investors. This enables businesses to quickly attract capital for growth and development. In Indonesia, where SMEs account for approximately 97% of total employment, Funding Societies plays a crucial role in stimulating economic growth and job creation.

Thanks to your investment, Funding Societies makes a significant impact in Indonesia, strengthening the local economy.

What social return could your investment generate? 

Funding Societies has built a strong track record in the financing sector. Since its inception, the platform has provided over 2 billion USD in loans to thousands of SMEs in Singapore, Malaysia, and Indonesia.

A prime example of the impact of Funding Societies is Beleaf, a smart farming company founded by Amrit. Beleaf supports small-scale farmers by supplying them with quality seeds they only pay for after harvest. Additionally, Beleaf offers farmers income insurance against crop loss due to risks such as climate change and other unforeseen circumstances, ensuring their financial stability.

In its startup phase, Beleaf greatly benefited from the growth financing provided by Funding Societies. Four years later, Beleaf is a scale-up attracting larger financing rounds and continues to work with Funding Societies. Amrit shares more about this in the online interview with Lendahand.
 

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 makes financial services accessible to small and medium-sized businesses in Southeast Asia, including Malaysia, Indonesia, Vietnam, Thailand, and Singapore. Their goal is to close the 320 billion dollar financing gap, promoting economic growth and prosperity. An investment in Funding Societies not only supports the financial platform but also enhances economic and social opportunities in the region. Watch the interview with Vikas, COO of Funding Societies, below.