Taking a whole of fish approach, Michella Irawan and Collabit are harnessing biotech and converting tuna waste into high value collagen to capture the true value of Indonesian natural resources. You can join Collabit in their raise of USD$150,000, with their LendForGood loan offering 10% annual simple interest rate over an 18-month term. The subscription is open until September 19th, 2024 with a minimum buy-in of $500. The team has already secured $230,000 from Angel Investors and a foundation contract worth $150,000 for 3 tons of Collagen, with the impact loan with LendForGood providing the capital to service this contract. With existing capacity to produce 1 ton of collagen a month, the loan will also provide them with the funds they need to purchase inventory and cover other operational costs to produce collagen for the contract and new buyers. To learn more and lend your support to Collabit's ambitious impact objectives, check out their campaign page, which includes a Q&A with Michella that provides additional context for their business and mission. #sustainable #Indonesia #impactinvesting https://lnkd.in/dGtBNqUf
Love that we can support amazing women founders like Michella Irawan
Congratulations Michella Irawan on your recent win at the She Loves Tech Southeast Asia 2024 competition in Singapore!