Fairphone, a sustainable Dutch smartphone maker has launched its first crowdfunding campaign recently. The campaign will take place on crowdfunding platform Oneplanetcrowd, which specializes in social entrepreneurship.
Through this campaign, investors will get a chance to become shareholders of the company by investing any amount between €250 to €5,000. The campaign intends to raise €1 million investment with a cap on €2.5 million. Doing so, investors can benefit from the company’s growth. Also, investors will receive a 5% return on an annual basis of their investment. They can convert their investment into shares, thereby becoming shareholders of the company.