Favafond

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.