{"id":29296,"date":"2019-03-01T08:44:14","date_gmt":"2019-03-01T04:44:14","guid":{"rendered":"https:\/\/ict.io\/fundkiss-has-helped-three-smes-since-its-inception-in-2018\/"},"modified":"2019-03-01T08:44:14","modified_gmt":"2019-03-01T04:44:14","slug":"fundkiss-has-helped-three-smes-since-its-inception-in-2018","status":"publish","type":"post","link":"https:\/\/ict.io\/en\/fundkiss-has-helped-three-smes-since-its-inception-in-2018\/","title":{"rendered":"FundKiss has helped three SMEs since its inception in 2018"},"content":{"rendered":"
FundKiss is the very first crowlending platform in Mauritius to allow individuals and companies to finance SMEs directly. In fact, since its inception in 2018, FundKiss has already helped three businesses get off the ground. They are Brocante Co Ltd, Le Marchand and Saveurs V\u00e9g\u00e9tales Lt\u00e9e, which got Rs 35,000, Rs 125,000 and Rs 600,000 respectively. <\/em><\/p>\n <\/p>\n <\/p>\n FundKiss is the first certified crowdlending platform in Mauritius. Aiming to open up a real field of possibilities for SMEs and investors, it was founded by Paul Perrier and Alexandre B\u00e9chard. Initially ” incubated ” at the Turbine, Fundkiss is now behind the participatory financing of three successful companies: Brocante Co Ltd, Saveurs V\u00e9g\u00e9tales Lt\u00e9e and Le Marchand.<\/p>\n <\/p>\n According to Alexandre B\u00e9chard, director of FundKiss, Mauritian start-ups find it difficult to bring their projects to fruition due to lack of funding and guidance. Yet 40% of the Gross Domestic Product is generated by SMEs (including start-ups) which employ 54% of our working population. These emerging companies are therefore essential to the progress of society, particularly because they bring innovation. It is therefore crucial to provide them with financial support and appropriate guidance.<\/p>\n <\/p>\n The FundKiss participatory lending platform is the first of its kind in Mauritius. Created by Paul Perrier and Alexandre B\u00e9chard, it allows entrepreneurs to finance themselves through participatory loans. Thus, the platform connects borrowers and investors. Project holders thus have an alternative to banks or other financial institutions. To benefit from this, SMEs submit their project to FundKiss. If approved, it is then published on the platform, along with the amount sought. The fundraising process takes about 30 days. Individuals can finance a project up to Rs 100,000 and companies can invest up to Rs 200,000.<\/p>\n <\/p>\nFundKiss : the 100% Mauritian crowdlending<\/h2>\n
A lack of financial support for start-ups in Mauritius<\/h2>\n
FundKiss.mu : What is the procedure for obtaining financing ?<\/h2>\n
What are the advantages of turning to crowdlending ?<\/h2>\n