European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Financial

ABN AMRO Sustainable Impact Fund invests in Lendahand

by Marie Weil
May 5, 2022
A A
Share on LinkedinShare on Twitter

ABN AMRO Sustainable Impact Fund (AA SIF) is pleased to announce that it is taking a stake in Lendahand, an innovative crowdfunding platform that gives private investors access to impact investing in emerging markets.

Lendahand’s mission is ‘to fight poverty in emerging markets by investing in people and businesses’. Lendahand CEO Koen The explains, “Countries such as Kenya, Mexico and Indonesia have plenty of passionate business owners who are willing to put in the hard work to improve the world around them. Unfortunately, inflation and high interest rates make it difficult to run a business. This is where Lendahand comes in. We want to fight poverty by empowering locals, and we do this with investments by private investors. The platform offers the possibility of providing loans to businesses starting at as little as fifty euros, in exchange for a fair interest rate.” Lendahand’s model is a way for investors to have a specific social and sustainable impact on the world while receiving a return on their investment.

Since 2013, thousands of investors have already invested 125 million euros in various sectors of the economy such as sustainable energy and agriculture. Their investments have helped to improve the living conditions of more than a million people: by installing tens of thousands of solar panels, for example, but also by supporting thousands of female business owners.

Reaching crowdfunders in France

On the one hand, AA SIF’s investment will make further expansion into other European countries possible, enabling the platform to reach more crowdfunders. The first new market will be France, and two institutional investors in that country are taking part in this round. On the other, Lendahand will use this new capital to strengthen its position in target markets and identify new projects and businesses.

Involved in investments

AA SIF firmly believes in the positive impact created by the platform. Eric Buckens, Investment Director at ABN AMRO SIF notes, “Lendahand is leading the way in raising and utilising crowdfunding to finance sustainable and development goals in emerging markets. Not only does the company have a strong track record in terms of identifying impactful projects, it also gives crowdfunders the possibility to stay closely involved in their investments. This new venture capital investment will allow the company to take the next step.”

Lendahand expects the loans supplied to emerging markets through its platform to reach 1 billion euros by 2026.

Tags: < Invest

Related Industries

Financial

Allianz to invest in 960MW offshore wind farm He Dreiht in the German North Sea

March 24, 2023
Financial

UBS to acquire Credit Suisse

March 20, 2023
Financial

Deutsche Post DHL Group and Poste Italiane announce a strategic partnership in the international parcel market

March 11, 2023
Financial

Choy van der Hooft-Cheong becomes new chair of Talent naar de Top

March 11, 2023
Financial

Joachim Aelvoet is the new Country Executive of ABN AMRO in Belgium

March 9, 2023
Financial

ABN AMRO Sustainable Impact Fund invests in Fairphone

February 25, 2023

ELC Partners with boom! to Empower Women in Supply Chain in the UK and Worldwide

March 7, 2023

...

Voith and Essity develop groundbreaking concept for sustainable paper production

March 24, 2023

...

Leasys and Free2move Lease Consolidation: New Top Leadership Announced

March 3, 2023

...

Deutsche Post DHL Group and Poste Italiane announce a strategic partnership in the international parcel market

March 11, 2023

...

Choy van der Hooft-Cheong becomes new chair of Talent naar de Top

March 11, 2023

...

Huawei’s Green Target Network and 5G Smart Ocean Projects Win Multiple GTI Awards

March 4, 2023

...

Joachim Aelvoet is the new Country Executive of ABN AMRO in Belgium

March 9, 2023

...

Xiaomi Begins Product Carbon Footprint Assessment and Champions Sustainable Living Awareness

February 27, 2023

...

default

Voith Hydro opens new center of competence for generator components

March 8, 2023

...

Schneider Electric investing €40 million in new smart factory in Hungary

March 23, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist