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Bridge and Secure: Empowering Lao Trade

Debt Crowdfunding

Start Date : 1st August 2024

End Date : 31st August 2026

Campaign Title: "Bridge and Secure: Empowering Lao Trade through Crowdfunding" Campaign Overview: This campaign aims to gather funds that: 1. Trade Finance: Provide bridging loans to exporters in Lao PDR so they can finance their operations while waiting for payments from international buyers. 2. Letters of Credit: Raise necessary resources to issue Letters of Credit, which guarantee payment to international suppliers, thus securing a trust basis for trade transactions.

Campaign Objectives:

  • Primary Goal: Raise $150,000 over 120 days to finance traders through bridging loans and Letters of Credit.
  • Trade Efficacy: Enable seamless trade operations by covering gaps between receivable and payable accounts, ensuring continuous flow and operation.
  • Global Trust and Market Expansion: Enhance the credibility of Lao businesses on the international stage by ensuring payments and deliveries are made reliably and securely.

Key Strategies:

Financial Analysis:

  • Detail the average transaction sizes, frequency, and specific needs per sector (agriculture, textiles, etc.) to determine how funds will specifically aid in facilitating import and export.
  • Assess the risk and prepare contingency plans to manage loans and payment guarantees.

Marketing and Outreach:

  • Develop a strong, clear message focused on the importance of strengthening Lao PDR’s position in international trade.
  • Utilize success stories of local exporters and importers to build an engaging narrative.
  • Use digital marketing, local media, and partnerships with trade associations to expand reach and credibility.

Funding Utilization Plan:

  • Bridge Financing for Exporters: Allocate specific funds to cover up to 60-90 days of operations while waiting for payment from overseas buyers.
  • Letters of Credit for Importers: Secure funds to offer Letters of Credit that guarantee payment to foreign suppliers, fostering trust and enabling more competitive trade agreements.

Transparency and Risk Management:

  • Commit to open communication channels, providing regular updates on fund usage and impacts on trade operations.
  • Implement rigorous due diligence processes before disbursing any funds to ensure that only viable and ethical businesses benefit.

Reward Tiers:

  • Supporter ($20): Regular newsletters and detailed reports on the impact of the funds on local trade.
  • Contributor ($100): All of the above, plus access to a yearly webinar discussing the state of international trade in Lao PDR.
  • Patron ($500): All of the above plus an invite to an exclusive roundtable with key business leaders benefiting from the campaign.
  • Investor ($1,000): All of the above, plus personal insights into upcoming opportunities in the trade sector enabled by the campaign.

Timeline:

  • Preparation Phase (60 days before launch): Campaign design, partnerships establishment, and regulatory compliance.
  • Launch Day: Kickoff with a press conference and live streaming on social media platforms.
  • Campaign Duration (120 days): Active campaigning through events, updates, and active engagement on social platforms.
  • Post-Campaign (30 days): Assessment of fund impact, report preparation, and disbursement of funds to selected businesses.
  • Ongoing: Bi-annual review of funded operations and success stories updates.

Sustainability and Growth:

  • Establish a re-investment mechanism where portions of profits from funded trades are funneled back into the fund pool for future financing needs.
  • Promote educational programs for better financial and risk management among the traders benefiting from the campaign.

Evaluation of Success:

  • Effective disbursement leading to increased trade volumes and smoother operation cycles.
  • Positive return on investment measure through growth in international trading activities.
  • Enhanced reputation of Lao PDR traders on the international stage as reliable business partners.

This crowdfunding campaign is built around fostering sustainable growth, enhancing trade capacity, and ensuring financial stability and trust in the international market for businesses in Lao PDR. Through collected funds, sound management, and strategic oversight, this initiative will provide vital support to bridge payment gaps and secure international trade transactions.

 

 


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Goals

$150,000.00

Raised

$0.00

Also To Go

$150,000.00

Not Yet Completed

701 days to go

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