Favafond is offering microloans to migrant entrepreneurs who are ready to start up a business in Sweden. A category of entrepreneurs that doesn’t have access to capital from banks and other credit institutions as of today. This is something we would like to change with the Favafond solution – balancing financial return and creating social impact.
The funding will be raised through a fund where retail and corporate investors can make investments. The Favafond solution will thus create both an opportunity for immigrant entrepreneurs and an investment, offering dual return; both financial value and the possibility to create social impact.
Company Details
- Founded
- -
- Address
- Stockholm, Stockholm 111 47, Se
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://www.favafond.se
- HQ
- Stockholm, Stockholm
Favafond Questions
Favafond's website is http://www.favafond.se
Favafond's LinkedIn profile is https://se.linkedin.com/company/favafond
Favafond's industry is
Financial Services
Favafond's top competitors are
Circulate,
Wow Foundations,
Your Way Home,
Akulaku Group,
Condenca Ab,
Bright Materia,
Proteinish,
Rebaba,
Help To Help,
Nio Sverige.
Favafond's categories are Financial Services
Favafond's founding year is 2018
