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
UNDERSTANDING CROWDLENDING
Keep it simple &smart
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: 1.5 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.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
Malini Sookun is a woman entrepreneur who manufactures samosa, hakien, tikka and chicken balls. Her products can be seen in shops in Bambous and also in the supermarkets. She is actually facing high demand and needs to buy raw materials in bulk and also to acquire a bigger freezer. She is raising MUR100,000 at 12% over 18 months.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1.5 years
Sushila Uppadoo took up a 50-year family business: a general retailer store in Rivière du Rempart. Since 2014, she started renovation works. These changes attracted new clients that added to their existing loyal customers. She is raising MUR300,000 at 12% over 18 months to finance the end of year stock for general items and liquor.
Rating: B
Annual Interest Rate: 13.00%
Loan Term: 2 years
In December 2019, Marie Ursula joins the Innodis Group and operates under Saveur Plus. Marjorie Typhis is raising MUR125,000 at 13% over 24 months to purchase an additional stock of meat for the festive season.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 0.30 years
Following a successful campaign in September 2020, Northern Suppliers Ltd is now raising MUR2,500,000 at 12% p.a. over 4 months, to take possession of an ordered container of meat, with 30% of the costs already covered.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
Pizzeria Margherita Ltd, wishes to expand by welcoming more clients to the pizzeria. For this, he is renovating the pizzeria by adding a terrace and a parking and to achieve these goals, the company is raising MUR600,000 at 12% over 24 months.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
Patricia and Pierrot Dorza are since decades in the manufacturing of clothes and today they are raising MUR175,000 at 12% over 24 months to acquire a buttonhole machine and fabrics in order to meet the growing demands for their clothes by launching a line of plus size shorts for women.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 2 years
Desserts are often ‘cheat’ meals as they are associated with a high calorie intake. The Brand Café Ltd, with their ‘Frutti Swirl’ stores, serves frozen desserts and smoothies that anyone can consume without guilt! Their desserts and smoothies are made with real fruits with no added sugars and artificial colouring. They are opening their 5th store in Coeur Cap Tamarin and are raising MUR300,000 at 12% over 24 months.
Rating: B
Annual Interest Rate: 12.00%
Loan Term: 1 years
Moving around is quite easy in Mauritius, The transport lines are for the most part well served. Deo Sharma Suklal, through his company Goloka Express Transport Ltd, operates a bus serving the busy line of Goodlands-Port-Louis. Every 100,000 km, a servicing must be done on the bus and he is raising MUR51,000 at 12% over 12 months to do so.
Rating: B
Annual Interest Rate: 13.00%
Loan Term: 2.5 years
Heerasagar Unmole has 25 acres of land with hydroponic greenhouses where he cultivates fruits and vegetables. He is raising MUR500,000 at 13% over 2.5 years (30 months) to build a new greenhouse as he wishes to increase his production to meet growing demand.
