Friendship Bridge has filed a notice of an exempt offering of securities to raise $5 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Friendship Bridge is raising up to $5,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Friendship Bridge
Our mission is to create opportunities that empower Guatemalan women to build a better life. Friendship Bridge provides microfinance, education, and preventive health services to help clients build resilience and pursue opportunities. We call this our Microcredit Plus program. 100% of our clients are women, and we target rural areas where poverty levels are highest in Guatemala. Friendship Bridges average loan size is $318 over nine months with a 2-3% monthly flat interest rate, and our clients maintain a 97.7% loan repayment rate. To borrow through Friendship Bridges Microcredit Plus program, women must first form groups of 7-25 members called Trust Banks. Each Trust Bank co-guarantees individual members loans and the women participate in Non-Formal Education sessions that are part of every monthly loan repayment meeting. Our vision? Empowered women choosing their own path. Join our cause today.
To learn more about Friendship Bridge, visit https://www.friendshipbridge.org/
Friendship Bridge Linkedin Page: https://www.linkedin.com/company/friendship-bridge/
Contact:
Tracie Cordeiro, President and Chief Executive Officer
303-674-0717
https://www.linkedin.com/in/tracie-cordeiro-colby-6564877/
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