Fundkiss, a smart way to borrow & lend money!Fundkiss is Mauritius’ first licensed crowdlending platform that allows individuals and corporates to lend directly to SMEs
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ONGOING PROJECTS
These are the projects that have been screened by our team of analysts and are in the market for funding.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1 years
Founded in 2015, the Evergreen Logics is involved in the installation of solar panels and the supply of photovoltaic systems. They are raising MUR250,000 at 12% over 12 months to acquire materials for their ongoing projects.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
ZNC Trading Ltd, trading as ‘Tabajie Nizam’ is a retail convenience store in Notre Dame, Long Mountain that sells food items, pastries, gas cylinders among other everyday essential items. Tabajie Nizam is raising MUR 125,000 at 12% interest over 18 months to replenish their stock.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1 years
Luchmun Construction Ltd has 4 projects in the pipeline and has already signed the contracts. To this end, they are raising MUR1,000,000 at 12% over 12 months to buy the raw materials needed.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
In order to accommodate more children, funds are requested and Anoushka Sahai has planned to expand and refurbish the school. She is raising MUR250,000 at 12% over 24 months to meet these goals.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
A.A Towing Rescue & Services Ltd is specialised in the towing of vehicles. Whether your vehicle has broken down or you are involved in an accident, they are available 24hr on their hotline. Around 99% of breakdowns are handled in 39 minutes! In order to develop its marketing contents in order to attract more clients and memberships, A.A Towing Rescue & Services Ltd is raising MUR300,000 at 12% over 24 months.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
Bryan Armoogum, since 3 years, set up Bryan Car Wash, a business that proposes car-washing at the client’s place. He is raising MUR75,000 at 12% over 18 months to acquire new equipment as regular clients are increasing.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
In existence since over 70 years, Irshad Ally Peeroo runs the shop where he sells a variety of fabrics. He is raising MUR270,000 at 12% over 24 months for renovating the shop and installing CCTV cameras.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
New Steps Solutions is a company set up in 2016 by Michael To Tok Shan. The company implements and services Microsoft ERP to the SMB (Small and Medium Businesses). They are raising MUR300,000 at 12% over 18 months to pay for the Azure server in order to increase their capacity to service more customers.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
Lovenah Narain is a woman entrepreneur who is currently running different businesses. One of her businesses concerns aluminium works. Today she is raising MUR100,000 at 12% over 18 months to acquire raw materials and additional equipment for a project that has already been approved.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1 years
She is raising MUR100,000 at 12% over 12 months to acquire stock for the outlet. There she will sell general retail food, pastries. People will also be able to eat in and discover the catering services.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
We Swim Ltd is a specialized company in the installation and maintenance of swimming pools. They are also a registered distributor of light pools. Following their successful campaign in September 2019, We Swim Ltd is raising MUR200,000 over 24 months at 12% to acquire light pools for an ongoing project.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
Pervyn Ruthnum comes from a line of farmers. His great-grandparents were involved in the selling of vegetables and now, he runs the family business and diversified its activities. He has 3 plots of land where he cultivates the vegetables to be sold at his stall in the Marché Central of Port-Louis.
Rating: B
Annual Interest Rate: 11.00%
Loan Term: 0.41 years
Incorporated in 2011, Hefty Ltd is an importer, manufacturer and supplier of construction materials in Mauritius. They are mainly specialised in the timber industry but also proposes a wide range of decorative products and brands as well as other hardware products. They are raising MUR1,500,000 over 5 months at 11% p.a in order to increase their actual stock so as to meet the increasing demands for their products.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1 years
Pravesh Geerdharry and his wife Swapna run a retail shop in Terre Rouge where they sell general foodstuff, alcoholic drinks. During the day, they also sell fried rice and dim sums. They are raising MUR75,000 at 12% over 12 months to replenish his stock of alcoholic drinks.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
Ramkissoon Lochooa, in his manufacturing workshop in Castel, Phoenix, manufactures a variety of food, ready to be cooked: chicken mince, beef mince, lamb/meat/chicken burgers, veg burgers and skewers. He is raising MUR100,000 at 12% over 24 months to replenish his stock and to redesign his packaging.
Rating: A
Annual Interest Rate: 11.50%
Loan Term: 1.5 years
Innovagri is raising MUR3,000,000 over 18 months at 11.50% per annum. The requested funds will allow them to import greenhouse and agricultural equipment and Deutz-Fahr tractors. The funds will also allow them to support the strategic collaboration with a major importer and distributor of fruits and vegetables in Mauritius.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
Ovaba Corona Co. Ltd based in Goodlands, is best known for being always accessible to deliver spare parts on construction sites, may it be in the middle of the night when major road works are done. They are raising MUR500,000 at 12% over 18 months to purchase spare parts so as to be able to meet the growing demand.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
Mr. Zephire has set up his workshop in his backyard and with growing demand, he would like to expand the workshop so as to accommodate more orders. He is raising MUR250,000 at 12% over 24 months.
