BIDUK’s client Evoware, award winning manufacturer of edible consumer packaging products (made from seaweed, as an alternative to plastic), found themselves in the Missing Middle. Too big for microfinance, too small for Venture Capital they couldn’t secure the financing they needed to reach their full potential.
That’s when BIDUK came in, bridging the gap and providing the capital Evoware needed during a critical stage of growth. After two loans with BIDUK, they secured VC funding and continue to successfully grow their environmentally sustainable business and move closer to their goal of creating a world without plastic pollution.
Learn about Evoware’s journey in this video and find out more about how BIDUK’s services build a bridge for businesses, delivering the financing solutions they need to grow and become ready for other forms of formal capital in our latest factsheet: