Lendahand provides meso credit to give the companies a push in the right direction. That way they get the funds they need to grow further. And since this will lead to the addition of jobs and income, the poor will profit from this. In high-income countries small and medium enterprises (SMEs) provide 60% of the jobs. In emerging countries, like the Philippines, Colombia and Ghana, they only account for 30% of the jobs (source: Worldbank). The best reinforcement for any economy is a strong middle class. All the more so in emerging countries should SMEs contribute to economic growth. If employment grows, poverty reduces. Eventually health care and education will improve. The problem lies in the fact that SMEs in emerging countries often do not have access to (affordable) financing. That is why this sector is referred to as the ‘missing middle’. Both banks and microfinance institutions do not cater to them. Banks are equipped to serve larger companies only. They have demands that smaller companies cannot adhere to. Microfinance institutions, on the other hand, deem SMEs too complex.
Show more
TypePrivate
HQRotterdam, NL
Founded2011
Size (employees)24 (est)
Websitelendahand.com
Lendahand was founded in 2011 and is headquartered in Rotterdam, NL
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Lendahand Office Locations

Lendahand has an office in Rotterdam
Show all (1)
Report incorrect company information

Lendahand Financials and Metrics

Summary Metrics

Founding Date

2011

Lendahand total Funding

$1.1 m

Lendahand latest funding size

$525.14 k

Time since last funding

3 years ago
Lendahand's latest funding round in September 2015 was reported to be $525.1 k. In total, Lendahand has raised $1.1 m
Show all financial metrics
Report incorrect company information

Lendahand Online and Social Media Presence

Embed Graph
Report incorrect company information

Lendahand News and Updates

Empowering the world: How you can make money through improving lives

In the not-so-distant past, ethical investing was a mere speck on the horizon, barely visible beyond the sea of “traditional” investment opportunities. But there’s a shift happening – a change in mindset which is inciting us to be more conscious of where we put our money. Initiatives like Good…
Report incorrect company information

Lendahand Blogs

The Missing Metrics in Impact Investing

How much should we value social impact in our investments? Impact investing can be defined as making investments that have a positive social or environmental impact on the world, while also making a profit. There is almost always a trade-off between making an impact and making a profit,…

Can Anyone Become an Impact Investor?

Why Impact Invest? The power of compound interest means that long-term investing almost always makes sense. Although it involves more risk than keeping your money in the bank, investing means that you’ll be able to get higher returns year on year. In recent years, companies have made i…

Entrepreneur Crowdfunding Success Stories from Lendahand: Asia Edition

These great entrepreneurial stories from Asia are not covered in your daily news, but why?

The System is Broken for Hard-Working Entrepreneurs in Developing Countries

When first starting a business, entrepreneurs almost always need some upfront capital to finance start-up costs such as buying inventory, purchasing a building, or hiring your first employees.

7 reasons why YOU should start impact investing

Here are 7 reasons why impact investing makes sense financially for everyone. Not only for your typical financially savvy people like venture capitalists, investment bankers, and foundations, but also for individuals. Which reasons are the most compelling to you? Leave your story in our …

What's the Difference Between Microfinance and Impact Investing?

Are Microfinance and Impact Investing the same thing? How are they different? While the terms are often used interchangeably, there are significant differences between these two different types of investment; this article will cover an overview of both the similarities and the difference…
Show more

Lendahand Company Life and Culture

Report incorrect company information