plusplus crowdfunding
And thus, making a big impact. The Inter-American Development Bank estimates that micro-, small-, and medium-sized enterprises (MSMEs) make up more than 99% of all companies and employ 60% of the working population in the Latin American and Caribbean (LAC) region. PlusPlus is the first crowdfunding platform (crowdfunding) focused on agri-food chain companies. PlusPlus is the first crowdfunding platform (crowdfunding) focused on agri-food chain companies. 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. Centroamrica, una regin con alto potencial agroindustrial, Centroamrica es una regin en s misma. Have you heard about PlusPlus yet? In a small chocolate production facility in Bali, the pandemic wasnt just a health crisis. 194 new jobs were created and 4,815 farmers improved their yields through technical support and training in sustainable agriculture. Investing in these SMEs allows them to grow. PlusPlus | LinkedIn By providing the necessary investments, these agri-businesses can expand further and reach more scale, which creates new jobs and boosts the local economy. ICCOs international website will remain online for the time being and can be visited here or go to Cordaid: www.cordaid.org. The organisation takes a brokers fee of 6% to 7% to cover costs, and the idea is to become a sustainable social enterprise. 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. Solidaridad Network Foundation is Currently Recruiting: Impact A more flexible financing solution like PlusPlus is a huge benefit. In a way that benefits both people and the environment, because their coffee was already Fair Trade and Organic certified. Decent Work and Economic Growth. The last few years have seen exceptionally high rainfall, causing their coffee crops to fail. This new crowdfunding platform for social impact was founded by Cordaid, Solidaridad, Lendahand and Truvalu. Fees: 6% for platform plus fees from the payment providers. PlusPlus is a new way to contribute to less poverty in the world. 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.. Easy with computers! - jorgevilar.com After its been paid back to you, you can use it again. Or: PlusPlus. We stand with those who are hit hardest by poverty and conflict. PlusPlus is an initiative of development organizations Solidaridad and ICCO, crowdfunding platform Lendahand and business booster Truvalu. You follow your entrepreneurs as they put your money to work. And we're live! Welcome to PlusPlus - icco-cooperation.org The venture, launched by Cordaid, Truvalu, Lendahand and Solidaridad, accepts that there is some risk to these loans but hopes charitably-minded people will want to contribute to this direct funding effort. Personal loan funds can be transferred to your bank account in as little as 48 hours. You select the entrepreneur you want to lend your money to and the amount you wish to lend (with a minimum of 50). Its our pleasure to be there for you! 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. Suddenly we could not get sugar to produce chocolate! With a focus on agriculture, interest-free loans and small-scale projects, PlusPlus differentiates itself from Lendahand. 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. Crowdfunding through PlusPlus brings together conscientious individual investors who are keen to make a difference through their investment decisions. On the other hand, financial institutions often cite weaknesses in the business acumen and leadership of Central American SMEs as factors that contribute to rendering them unbankable to their standards. All seven partnerships are working collaboratively to advance innovative sustainable solutions to address persistent global challenges. This site is protected by reCAPTCHA and the Google, Choose your project and amount, 100% of your loan goes to the project, Choose your project and amount (from 50,-), Create an account (via Lendahand) and invest with iDeal, Get notified when your project is fully funded and is about to start, Receive regular updates from your entrepreneur. Applies due diligence: No This way you get to know more about the entrepreneur and how your money is invested. Project overview SheCan is a blended finance initiative that brings together donors, philanthropists, private lenders and impact investors to drive inclusive economic opportunities for smallholder farmers and micro-entrepreneurs living in areas supported by the World Food Programme. Plus its great linking people into our story.. Solidaridad was founded in 1969 in the Netherlands, and has since evolved into a leader of global sustainability initiatives. This new crowdfunding platform, co-founded by Cordaid 1.5 years ago, has reached its first million! Centroamrica es una regin en s misma. Things were looking bad until in stepped a crowdfunding platform, based in the Netherlands, PlusPlus. This was the platforms first project in Central America. In a small chocolate production facility in Bali, the pandemic wasnt just a health crisis. PlusPlus brings access to finance for food security, entrepreneurship and employment in Africa, Asia and Latin America. | PlusPlus enables more food security, entrepreneurship and employment in. A huge amount, lent by investors in the Netherlands to entrepreneurs in developing countries. Plus Funding Group - Factoring | Accounts Receivable Financing | Loans PlusPlus This provides extra income and new jobs. For Pod Chocolate, which works with local farmers to produce all-vegetable, artisanal chocolate, production almost ground to a halt. Computer teacher since 1993, presently working in The Netherlands, I've created this site to share my computer knowledge. 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. There is microfinancing for the smallest institutions and a good availability for money for larger ones but theres a missing middle.. I see that reflected in PlusPlus as well. Thus, without an extra penny or effort you change the life of another entrepreneur. PlusPlus provides entrepreneurs advisory services during the project preparation and analysis phase, supporting them to prepare their business and investment plans. Mostly it takes time and the interest rates are high. In small and medium enterprises, you can train the youth in different agriculture-related businesses and equip them with all the relevant skills, but working capital is the problem: where do they get money to buy basic tools? he says. But we feel these entrepreneurs are at the core of development in these countries. European Citizens' initiative demands . PlusPlus aims to provide a solution for this so-called missing middle by driving financial investments from thousands of individual investors who want to contribute to a more sustainable, inclusive agricultural development, better wages and improved livelihoods of the producers. The entrepreneur pays back the loan in installments. in the end, everything must become independent. By investing in these entrepreneurs, you give money meaning. By providing the necessary access to finance, these agri-businesses can expand further and reach more scale, which creates new jobs and boosts the local economy. For small-scale coffee farmers in Colombia, the effects of climate change are evident. Great news! 2019 global competition of Scale-Up Partnerships, Deforestation-free palm oil production on the horizon for Peru, Curbing malnutrition and transforming farmer livelihoods in Madya Pradesh . Could crowdsourcing funds increase access to finance for entrepreneurs in the agri-food sector? The financial markets are unresponsive to those type of needs because they dont have a track record of keeping the financial historical data which every bank would ask for. We are focusing on the agri-space and food because this is a particularly challenging space to get financing, she says. You receive no interest, but your money does become more valuable. You select which entrepreneur you want to invest in, and how much. Together we will raise that money. PlusPlus: helping small food firms to grow via crowdfunding It sources funds from the crowd and uses locally based experts to support the analysis of SME business propositions. Many thanks to everyone who has donated to DutchNews.nl in recent days! 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. De oprichters van PlusPlus zijn: Impact maak je in 6 eenvoudige stappen Kies zelf je project en bedrag (al vanaf 50,-) This amount will go to that specific entrepreneur in its entirety, and she or he will pay it back to you in installments. They are really focused on helping people develop themselves and their businesses. In just over a year, PlusPlus went from zero to over 400 investors. But we feel these entrepreneurs are at the core of development in these countries. Subscribe to our newsletter for the latest updates on projects. The PlusPlus crowdfunding platform aims to ensure and further foster food security, entrepreneurship and employment in Africa, Asia and Latin America. Overview This role supports the Impact Investment division of Solidaridad Zambia and pipeline origination and development for PlusPlus, a Solidaridad crowdfunding platform. PlusPlus crowdfunding platform. Agri-food SMEs, like Fruvex, that are creating jobs, strengthening family income and strengthening the food system through sustainable practices, help to improve living standards and therefore contribute to the sustainable development of the region. Keep reading to learn how crowdfunding works through PlusPlus, a platform thats financing high-impact agri-food SMEs in developing countries. This is why in our initiatives, at Solidaridad we place special emphasis on training smallholder producers and workers in sustainable practices. Companies seeking a loan through PlusPlus must fulfill a set of requirements regarding their business and impact model. 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. Thats where PlusPlus fits in, to help develop business plans and then provide capitalisation at an affordable interest rate for this young person to start and grow the business, and then pay back the investment. Plus its great linking people into our story.. The lack of formalization in agri-food is a large component affecting their access to finance, as well. To invest, you dont have to wear a suit or have cash under your mattress. As a development organisation working on food security and economic empowerment, ICCO helps farmers and small businesses grow. For ICCO, PlusPlus is an innovative new addition to our strategy to work towards a world without poverty.. P4G will officially hand over the grant to representatives from Solidaridad and Lendahand on 23 September in New York. Usually, impact investment is strongly tied to investors values and principles. If you have not yet made a contribution, you can do so here. For small-scale coffee farmers in Colombia, the effects of climate change are evident. PlusPlus is a new initiative of ICCO, Solidaridad, Truvalu and Lendahand. Annelies van der Vorm is a Dutch businesswoman and investor. We could not provide this service without you. The first loan was really important to purchase sugar to enable us to keep producing, he explains. PlusPlus / SME Support Deal origination, sourcing, and promotion of PlusPlus crowdfunding platform, including due diligence, and post-investment monitoring and recoveries. For example, many agri-food SMEs lack the technical knowledge to be able to communicate their vision and pitch their ideas for expansion. We are focusing on the agri-space and food because this is a particularly challenging space to get financing, she says. Job - Impact Investment & PlusPlus Coordinator Zambia job at Do you want to know more about PlusPlus? We support them in their struggle to move beyond survival and to fully participate in equitable and resilient societies. This is Haninah, a Kenyan farmer who grows maize. You can always unsubscribe with a single click. Our second loan is being used to acquire packaging material and machinery that will help us package our chocolate fast and in a more secure way, fully sealing the product instead of just wrapping it. How crowdfunding can help develop Central American food systems One of the big challenges is access to finance for communities and small corporations in the emerging market, she says. There is also an investor demand for projects that deliver impact, she says. While investments in agri-SMEs creates social impact, access to the necessary finance is difficult for these entrepreneurs. Targeting the ecosystem around farming communities, you can stimulate employment, economic development, food security and indirectly support farming in smaller farms.. The farmers incomes improved and their pineapple production became more sustainable. With the 1 million euros lent so far, 23 companies in 9 countries were able to ensure that 10,853 farmers and their families increased their income and improved their livelihoods. PlusPlus is a part of the award-winning crowdfunder Lendahand, so it's a safe choice. The only way for us to purchase sugar was in much higher-than-normal volumes.. 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. With this crowdfunding platform, we aim to increase the financial investments made in small and medium-sized agricultural enterprises (SMEs) in countries such as Colombia, Ghana, Indonesia, Kenya, Mexico and Zambia. Curious? One of the big challenges is access to finance for communities and small corporations in the emerging market, she says. Conozca en la siguiente nota como hace que Centroamrica sea especial y qu oportunidades hay para las pequeas empresas agrcolas. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Cordaid is an internationally operating value-based emergency relief and development organisation, working in and on fragility. In a recent PlusPlus blog, she stated that she learned from an early age to live out of gratitude and that by giving something of your wealth back to society, you can bring about a lot of change. Europe - Solidaridad Network The only way for us to purchase sugar was in much higher-than-normal volumes.. As part of their COVID-19 response, Solidaridad and ICCO are using PlusPlus, a crowdfunding platform which they set up together with Truvalu and Lendahand. 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 engage European market actors, including corporations and governments, to commit to fair and sustainable value chains, contributing to an economy that works for all. But as a social enterprise, he says, it also tries to coach young people in developing businesses, such as pruning services for cocoa farmers. But as a social enterprise, he says, it also tries to coach young people in developing businesses, such as pruning services for cocoa farmers. Zero Hunger, 5. These entrepreneurs are now experiencing firsthand how crowdfunding works as a flexible financing mechanism to increase working capital and/or capital expenditure in order to grow their business. PlusPlus: Give Money Meaning - ICCO EN Every six months you get part of your money paid back. PlusPlus enables more food security, entrepreneurship and employment in Africa, Asia and Latin America. PlusPlus - YouTube With this loan, the organization can help 75 farmers and their families sustainably improve their incomes. We don't like spam, so we won't email you more than twice a month. PlusPlus is the logical next step. Use your repayment to reinvest in a new project. At Solidaridad, we believe that sustained and inclusive economic growth can drive progress in developing countries like Nicaragua, Honduras and Guatemala. Your investment lets them grow! Los pases de esta regin tienen mucho que ofrecer. And the best piece of news is: once the loan is paid back, the investor can re-invest again in another agricultural SME. Resources CoP Finance & Outreach - Food & Business Knowledge Platform That impact is already visible. Gender Equality, 8. 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. An innovative crowdfunding initiative by Solidaridad, Lendahand, ICCO Corporation and Truvalu.More information: https://plusplus.nl/ We don't like spam, so we won't email you more than twice a month. 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. We feel more and more people want to support problems in the world, and would like to be more involved directly and feel their contribution. Thats where PlusPlus fits in, to help develop business plans and then provide capitalisation at an affordable interest rate for this young person to start and grow the business, and then pay back the investment. Once the total loan amount is raised, the entrepreneur receives the loan and invests it in their business. Learn how at: https://www.plusplus.nl/en-EU. 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. Crowdfunding projects 620+ investors 1.568.000 invested 14,047 lives improved *Reference date: February 10, 2023 Upcoming projects 0 Active projects 1 Fully funded projects 81 Select your projects here And join 620+ other investors Colombia Federacion Campesina 2 Conozca en la siguiente nota como hace que Centroamrica sea especial y qu oportunidades hay para las pequeas empresas agrcolas. PlusPlus enables more food security, entrepreneurship and employment in Africa, Asia and Latin America. Impact Investment & PlusPlus Coordinator_Zambia Crowdfunding investing with impact | PlusPlus Working capital. People have to be able to do without me. Leer ms ac: https://bit.ly/3ldA2Jn, Benin, Bolivia, Burkina Faso, Colombia, Costa Rica, Ecuador, El Salvador, Ghana, Guatemala, Honduras, Indonesia, Kenya, Mexico, Mozambique, Nicaragua, Panama, Peru, South Africa, Tanzania, United Republic of, Zambia, 1. Interested? 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 . Take RPAB, for example, a cooperative of pineapple farmers in Benin. It was a time of huge uncertainty as the government rationed essential foods which included sugar, our second largest raw material, recalls chief executive Toby Garritt. PlusPluss first year was a good one. The PlusPlus. 86% Still 4,200 needed, 10 days to go View project + 72 other investors PlusPlus is a part of Lendahand. PlusPlus is a part of the award-winning crowdfunder Lendahand, so it's a safe choice. Plusplus - Vc4a 18 May 2022 It's time for celebration at PlusPlus. This regularly leaves them stranded in the middle. Jobs People Learning Win win! Its not a donation, but an investment. A huge amount, lent by investors in the Netherlands to entrepreneurs in developing countries. Do you want to know more about PlusPlus? Crowdfunding Projects That Make an Impact - PlusPlus 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. Build database of SMEs working with and in support of our programmes, and external SMEs, and farmers and provide business support interventions to them. Back at Garritts cocoa factory in Bali, it wasnt just the money that made a difference at a sticky time. 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. 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. We support them in their struggle to move beyond survival and to fully participate in equitable and resilient societies. To make them more resilient, Federacion Campesina, a farmers' association, has created a climate plan that helps the farmers better cope with the changing climate. We have also committed to supporting producers and the companies that represent them to access finance to transform production systems through sustainable agricultural and manufacturing practices. Go to PlusPlus and meet our entrepreneurs. This threatened to stop our production, which would also impact our work with farmers and local communities. We stand with those who are hit hardest by poverty and conflict. We also need machinery to increase the efficiency of our packaging process, given that we now have new social distancing rules in the factory., The company has recently finished a third round of crowdfunding, hoping to increase its output, buy more cacao from several hundred local farmers, and keep its staff of 100 busy. We could not provide this service without you. Solidaridad and partners receive funding from P4G for joint Subscribe to our newsletter for the latest updates on projects. Further barriers to access capital include the ability to clearly demonstrate project viability and, very often, complex financial conditions such as collateral requirements and high financing costs. Platforms Map | Crowdfunding for Culture PlusPlus crowdfunding platform - YouTube Atrapado entre dos ocanos, forma un puente entre dos continentes. PlusPlus bridges this gap by connecting them to investors in the Netherlands who provide them affordable loans. The last few years have seen exceptionally high rainfall, causing their coffee crops to fail. These entrepreneurs are too big for microcredit yet too small for regular banks. For another loan, for example, to make even more impact. After 2 years of preparations, the platform was launched in August. Through crowdfunding, we raise capital for small and medium-sized enterprises in the agricultural sector. PlusPlus / SME Support: Deal origination, sourcing, and promotion of PlusPlus crowdfunding platform, including due diligence, and post-investment monitoring and recoveries. 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.