Symbiotics Investments launches first social bond in Africa for Lulalend
This first social impact bond of $4.7 million will support the activities of the South African fintech Lulalend, which offers automated short-term financing to small and medium-sized enterprises in South Africa.
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▪ Symbiotics Investments launches first social bond in Africa for Lulalend
▪ This first social impact bond of $4.7 million will support the activities of the South African fintech Lulalend, which offers automated short-term financing to small and medium-sized enterprises in South Africa.
▪ https://www.africabusinessplus.com/en/814278/symbiotics-investments-launches-first-social-bond-in-africa-for-lulalend/
This social bond arranged by Symbiotics Investments, a Swiss-based platform for access to developing markets and impact investments, meets the principles of the International Capital Market Association (ICMA SBP).
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