For ICCO, PlusPlus is an innovative new addition to our strategy towards a world without poverty. Sybren Attema, CEO ICCO Cooperation. For another loan, for example, to make even more impact. We support them in their struggle to move beyond survival and to fully participate in equitable and resilient societies. After 2 years of preparations, the platform was launched in August. PlusPlus | LinkedIn PlusPlus bridges this gap by connecting them to investors in the Netherlands who provide them affordable loans. Do you have questions about who we are or how we operate? Its like giving more meaning to your money. Financial professionals point to a generalized aversion to learning and applying best practices such as documenting company finances, fostering consistency in data collection and a commitment to strengthening investments. Its our pleasure to be there for you! 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. 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. There is also an investor demand for projects that deliver impact, she says. By providing the necessary investments, these agri-businesses can expand further and reach more scale, which creates new jobs and boosts the local economy. PlusPlus is the first crowdfunding platform (crowdfunding) focused on agri-food chain companies. For small-scale coffee farmers in Colombia, the effects of climate change are evident. PlusPlus is an initiative of development organizations Solidaridad and ICCO, crowdfunding platform Lendahand and business booster Truvalu. For those SMEs that can overcome these hurdles and access capital, additional challenges related to the fragile socio-economic context of the region often further hinder growth. Do you want to know more about PlusPlus? Depending on the size of the company, an amount between 10,000 and 1,000,000 is often required to successfully grow. 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. There is microfinancing for the smallest institutions and a good availability for money for larger ones but theres a missing middle.. PlusPlus: helping small food firms to grow via crowdfunding On average, a loan runs for 24 months. ICCO helps farmers and small businesses grow. If you have not yet made a contribution, you can do so here. All thanks to 525+ investors here in the Netherlands. 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. In just over a year, PlusPlus went from zero to over 400 investors. The PlusPlus crowdfunding platform aims to ensure and further foster food security, entrepreneurship and . Through crowdfunding, we raise capital for small and medium-sized enterprises in the agricultural sector. Take RPAB, for example, a cooperative of pineapple farmers in Benin. Things were looking bad until in stepped a crowdfunding platform, based in the Netherlands, PlusPlus. Overview This role supports the Impact Investment division of Solidaridad Zambia and pipeline origination and development for PlusPlus, a Solidaridad crowdfunding platform. In May 2021, impact investors funded Fruvexs project through PlusPlus. 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. Investing in these SMEs allows them to grow. Its our pleasure to be there for you! Many thanks to everyone who has donated to DutchNews.nl in recent days! Or: PlusPlus. You select which entrepreneur you want to invest in, and how much. For example, many agri-food SMEs lack the technical knowledge to be able to communicate their vision and pitch their ideas for expansion. 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. Small and medium sized businesses (SMEs) in agriculture and food value chains play an important role in the local economy in Africa, Asia and Latin America. Atrapado entre dos ocanos, forma un puente entre dos continentes. Bringing together a multitude of investors who understand the importance of employment and food security, especially in developing countries. The lack of formalization in agri-food is a large component affecting their access to finance, as well. Do you want to create an impact as well? Please help us making DutchNews.nl a better read by taking part in a short survey. Build database of SMEs working with and in support of our programmes, and external SMEs, and farmers and provide business support interventions to them. This new crowdfunding platform for social impact was founded by Cordaid, Solidaridad, Lendahand and Truvalu. 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. Youll realise how big the impact is you are creating. As a result, production often increases. Personal loan funds can be transferred to your bank account in as little as 48 hours. PlusPlus is a part of the award-winning crowdfunder Lendahand, so it's a safe choice. It was also used for working capital at a time when we needed it the most. Together we will raise that money. 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. Together they have already provided over 727,000 in loans to agri-food entrepreneurs in low-income countries. 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. Not only do you choose the entrepreneur in whom you invest, you also determine the amount. in the end, everything must become independent. At Solidaridad, we believe that sustained and inclusive economic growth can drive progress in developing countries like Nicaragua, Honduras and Guatemala. 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. Whichever entrepreneur you invest in, you always create impact. 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. How it works At PlusPlus.nl you can invest in entrepreneurs in the agriculture and food value chain in Africa, Asia or Latin America. This creates an impact, such as new jobs for young people, more sustainable food production, and a better income for many in the local economy. 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. We are focusing on the agri-space and food because this is a particularly challenging space to get financing, she says. 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. With a loan, you can give talented agricultural entrepreneurs in developing countries a helping hand. PlusPlus enables more food security, entrepreneurship and employment in Africa, Asia and Latin America. 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. Visit PlusPlus and meet our entrepreneurs. Moreover, applying for up to $100,000 could take as little as one hour to process your application! PlusPlus crowdfunding platform. These loans are without interest, but have a lot of impact. Jobs People Learning 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. 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. Interested? PlusPlus brings access to finance for food security, entrepreneurship and employment in Africa, Asia and Latin America. A more flexible financing solution like PlusPlus is a huge benefit. In a small chocolate production facility in Bali, the pandemic wasnt just a health crisis. 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. 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. These results have been achieved through loans from Dutch PlusPlus investors, which will be reimbursed every 6 months. PlusPlus is an initiative of Solidarity and Cordaid, the crowdfunding platform Lendahand and Truvalu. For small-scale coffee farmers in Colombia, the effects of climate change are evident. 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 . European Citizens' initiative demands . 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. To invest, you dont have to wear a suit or have cash under your mattress. 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 support them in their struggle to move beyond survival and to fully participate in equitable and resilient societies. Meet our entrepreneurs at. 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. The platform provides access to finance for agri-food SMEs and aims to ensure and further foster food security, entrepreneurship and employment in Africa . 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. Atrapado entre dos ocanos, forma un puente entre dos continentes. 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. The PlusPlus Partnership grant is part of the 2019 global competition of Scale-Up Partnerships led by P4G. A huge amount, lent by investors in the Netherlands to entrepreneurs in developing countries. We could not provide this service without you. 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. 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, Inter-American Development Bank estimates, (SMEs) can become the regions motor of recovery, Not made in Europe: Dutch citizens want European-wide legislation for global value chains, A new dawn rises for cocoa farmers to access credit in Liberia . Easy with computers! - jorgevilar.com We look forward to seeing you there! Mostly it takes time and the interest rates are high. With a focus on agriculture, interest-free loans and small-scale projects, PlusPlus differentiates itself from Lendahand. Great news! The new crowdfunding - Solidaridad Network Thanks to these high impact loans, which are paid back interest-free in one to four years, Garritt was able to raise an initial loan of 15,000 and then another 15,000 to keep the factory going. Many thanks to everyone who has donated to DutchNews.nl in recent days! 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. 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. 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. You select which entrepreneur you want to invest in, and how much. They are not the only ones. 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. 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. 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. At PlusPlus can decide what impact your money makes. PlusPlus enables more food security, entrepreneurship and employment in Africa, Asia and Latin America. Learn how at: https://www.plusplus.nl/en-EU. Subscribe to our newsletter for the latest updates on projects. A more flexible financing solution like PlusPlus is a huge benefit. Solidaridad Network Foundation is Currently Recruiting: Impact But as a social enterprise, he says, it also tries to coach young people in developing businesses, such as . Gender Equality, 8. We look forward to seeing you there! PlusPlus on LinkedIn: Crowdfunding investeringen met impact | PlusPlus 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. 15 December 2021 PlusPlus's first year was a good one. The entrepreneur pays back the loan in installments. An innovative crowdfunding initiative by Solidaridad, Lendahand, ICCO Corporation and Truvalu.More information: https://plusplus.nl/ Mostly it takes time and the interest rates are high. You receive no interest, but your money does become more valuable. "We appreciate Plus Funding Group's quick turnaround and commitment to our recent acquisition and . Together, we can do even more! 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. This provides extra income and new jobs. Centroamrica, una regin con alto potencial agroindustrial, Centroamrica es una regin en s misma. 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. Meet our entrepreneurs: visit PlusPlus.nl. This new crowdfunding platform for social impact was founded by Cordaid, Solidaridad, Lendahand and Truvalu. But as a social enterprise, he says, it also tries to coach young people in developing businesses, such as pruning services for cocoa farmers. 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. 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. The entrepreneur pays back the loan in installments. Investing in these SMEs allows them to grow. All of them are entrepreneurs who are committed to making their business grow successfully. 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. 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. While investing in agri-SMEs creates social impact, access to the necessary finance is difficult for these entrepreneurs. 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. Small and medium sized businesses (SMEs) in agriculture and food value chains play an important role in the economy of many African, Asian and Latin American countries. We could not provide this service without you. Not by donating money, but by giving a loan. No Poverty, 10. Every six months you get part of your money paid back. These businesses are high risk, though, and the financial sector doesnt want to go there., He says that the enterprise can particularly give opportunities to young people who are still supported by their parents and those moving from villages to the city in search of work. A fruitful year for new crowdfunding platform PlusPlus The website is currently only available in Dutch, but and English version will be available very soon. Your investment lets them grow! Platforms Map | Crowdfunding for Culture 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. A huge amount, lent by investors in the Netherlands to entrepreneurs in developing countries. 30.000 Benodigd bedrag 24 maanden Looptijd Impact lening 87% Nog 3.900 nodig, 9 dagen te gaan Bekijk het project + 72 mede-investeerders PlusPlus is onderdeel van Lendahand. With this loan, the organization can help 75 farmers and their families sustainably improve their incomes. Plusplus - Vc4a Targeting the ecosystem around farming communities, you can stimulate employment, economic development, food security and indirectly support farming in smaller farms.. Suddenly we could not get sugar to produce chocolate! For Pod Chocolate, which works with local farmers to produce all-vegetable, artisanal chocolate, production almost ground to a halt. At PlusPlus you decide. This amount will go to that specific entrepreneur in its entirety, and she or he will pay it back to you in installments. A fruitful year for new crowdfunding platform PlusPlus, With the right support, everyone can soar. Building an inclusive future for Nepalese coffee, Video: Supporting farmers in Hawija to grow their business. The social enterprise initiative, which went live last August, matches people who want to give loans of at least 50, to medium-sized entrepreneurs working in the agricultural and food sector in Africa, Asia and Latin America. Solidaridad and partners receive funding from P4G for joint Impact investment refers to investments made into companies with the specific intention of creating measurable social or environmental impact, in addition to financial return. At PlusPlus can decide what impact your money makes. 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. Through crowdfunding, we raise capital for small and medium-sized enterprises in. Crowdfunders join forces: Lendahand and PlusPlus become one To get a traditional loan is a long and technical process requiring security and a self-financing component, adds Garritt. PlusPlus is an initiative of development organizations Cordaid and Solidaridad, crowdfunding platform Lendahand and business booster Truvalu. ICCOs international website will remain online for the time being and can be visited here or go to Cordaid: www.cordaid.org. PlusPlus and Cordaid are tremendously proud of these results! Keep reading to learn how crowdfunding works through PlusPlus, a platform thats financing high-impact agri-food SMEs in developing countries. PlushFunding - Personal Loans and Credit $5,000 up to $100,000 - Plush Visit PlusPlus.nl and meet our entrepreneurs. PlusPlus is an agri-food SME loan mechanism. Europe. Things were looking bad until in stepped a crowdfunding platform, based in the Netherlands, PlusPlus. We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. As a development organisation working on food security and economic empowerment, ICCO helps farmers and small businesses grow. 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. 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. Enjoy :) Comments, suggestions and questions are always welcome: jorge@jorgevilar.com. On average, a loan runs for 24 months. PlusPlus is the logical next step. The last few years have seen exceptionally high rainfall, causing their coffee crops to fail. 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.. Go to PlusPlus and meet our entrepreneurs. 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. 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. 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. In this way, PlusPlus forms a sustainable solution to the persistent challenge of access to finance. You can always unsubscribe with a single click. The entrepreneur will send you occasional updates. Like a gift that keeps on giving. Do you want to know more about PlusPlus? 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. Reduced Inequality, 17. The entrepreneur uses your contribution to improve his or her business. PlusPlus provides entrepreneurs advisory services during the project preparation and analysis phase, supporting them to prepare their business and investment plans. To get a traditional loan is a long and technical process requiring security and a self-financing component, adds Garritt. Solidaridad was founded in 1969 in the Netherlands, and has since evolved into a leader of global sustainability initiatives. That impact is already visible. These entrepreneurs are too big for microcredit yet too small for regular banks. Conozca en la siguiente nota como hace que Centroamrica sea especial y qu oportunidades hay para las pequeas empresas agrcolas. They are really focused on helping people develop themselves and their businesses. | PlusPlus enables more food security, entrepreneurship and employment in. SheCan | WFP Innovation This new crowdfunding platform, co-founded by Cordaid 1.5 years ago, has reached its first million! Partnerships to achieve the Goal, 2. 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. 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. Plus Funding Group - Factoring | Accounts Receivable Financing | Loans PlusPlus is a new initiative of ICCO, Solidaridad, Truvalu and Lendahand. Suddenly we could not get sugar to produce chocolate! 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. 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.. PlusPlus is the first crowdfunding platform (crowdfunding) focused on agri-food chain companies. Greater access to finance for Central American agri-food SMEs can contribute to regional development by fostering investments in food systems that champion sustainable production and consumption. Applies due diligence: No Impact Investment & PlusPlus Coordinator_Zambia at Solidaridad Network These businesses are high risk, though, and the financial sector doesnt want to go there., He says that the enterprise can particularly give opportunities to young people who are still supported by their parents and those moving from villages to the city in search of work. PlusPlus is a new crowdfunding platform where you can invest directly in entrepreneurs in the agriculture and food value chain in Africa, Asia or Latin America. This is Haninah, a Kenyan farmer who grows maize. PlusPlus / SME Support: Deal origination, sourcing, and promotion of PlusPlus crowdfunding platform, including due diligence, and post-investment monitoring and recoveries. And the best piece of news is: once the loan is paid back, the investor can re-invest again in another agricultural SME. Agribusiness, Agritech, Crop farming, Food and beverage, Food production. As of 1st January 2021 ICCO has joined forces with Cordaid and continues as one organization under the name Cordaid. You can always unsubscribe with a single click. Please help us making DutchNews.nl a better read by taking part in a short survey. We stand with those who are hit hardest by poverty and conflict. The new crowdfunding platform PlusPlus, a joint initiative by Solidaridad and partners Lendahand, ICCO and Truvalu, was selected for a P4G Scale-Up Partnerships grant.
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