Kyiv social enterprise that manufactures accessories (mostly handbags and packs) from recycled vinyl banners. The social mission of RE:ban is to care for the environment by giving a second life to used materials.
UAH 46 000
The investment allowed the enterprise to expand production and hire it’s own workers rather than contracting the work out to third parties. During one project year unit sales increased 304%, another sales points was opened, gross sales increased by 342% and profits by 192%.
The enterprise was able to hire workers from vulnerable groups, and invested UAH 108,000 in promoting recycling among young people. In addition, enterprise representatives took part in sixteen events to promote social entrepreneurship and environmentally conscious lifestyle.