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Projects
Tuga Tours
100% Funded
5 yr
term
3.6%
a year
C+
rating
Smart sustainable cities
SDG 9. Industry, Innovation and Infrastructure
SDG 11. Sustainable Cities and Communities
SDG 13. Climate Action
Purchase of an electric Tuk Tuk by tourism operator TugaTours
Impact
Estimated non-emission of nearly 5 tons of CO2 per year wich is equivalent to planting 228 trees.
Project Information
TugaTours has decided to invest in electric Tuk-Tuks because they believe assuring environmental sustainability in the city’s tourism is a very important matter, not only for those who enjoy their services, but also for the local community. Economic advantages of electric Tuk-Tuks are also very relevant due to the significant savings they generate compared to the fossil fuel vehicles.
Attached Documents
100% Funded
5 yr
term
3.6%
a year
C+
rating
Smart sustainable cities
SDG 9. Industry, Innovation and Infrastructure
SDG 11. Sustainable Cities and Communities
SDG 13. Climate Action
Purchase of an electric Tuk Tuk by tourism operator TugaTours
Impact
Estimated non-emission of nearly 5 tons of CO2 per year wich is equivalent to planting 228 trees.
Project Information
TugaTours has decided to invest in electric Tuk-Tuks because they believe assuring environmental sustainability in the city’s tourism is a very important matter, not only for those who enjoy their services, but also for the local community. Economic advantages of electric Tuk-Tuks are also very relevant due to the significant savings they generate compared to the fossil fuel vehicles.
Attached Documents
Paulo Silva Ribeiro, Unipessoal Lda.
About Paulo Silva Ribeiro, Unipessoal Lda.
TugaTours is a brand of Paulo Silva Ribeiro, Unipessoal Lda., which is a tour operator licensed by the Portuguese Tourism Institute and specializing in the knowledge and transmission of the history of Portugal through the provision of sightseeing tours. It has various and up-to-date fleet of vehicles, ranging from 3 to 6 occupant tuk-tuks, 7-occupant cars and minivans.
The Business Model
The project’s financial sustainability is assured by additional income and savings generated, whose monthly estimates are always higher than the project’s payments to its investors.
Track Record
Founded in October 26th, 2015.
Promoter Rating: C+
Guarantees
This loan is secured with the pledge of the equipment and a comfort letter issued by the holding company.
Paulo Silva Ribeiro, Unipessoal Lda.
About Paulo Silva Ribeiro, Unipessoal Lda.
The Business Model
The project’s financial sustainability is assured by additional income and savings generated, whose monthly estimates are always higher than the project’s payments to its investors.
Track Record
Founded in October 26th, 2015.
Promoter Rating: C+
Guarantees
This loan is secured with the pledge of the equipment and a comfort letter issued by the holding company.
Updates
Payments Status: On time
2019-03-17
Open for investment
2019-04-17
100% funded
2019-05-24
1st payment
Updates
Payments Status: On time
2019-03-17
Open for investment
2019-04-17
100% funded
2019-05-24
1st payment