Projects

Ballūta

100% Reserved Amount = € 0,00 € 25.000,00 of € 25.000
100% Funded
5 yr

term

5.5%

a year

6 mth

grace period

monthly

instalment

B-

rating

social_entrepreneurship

Social entrepreneurship

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

Sustainable luxury footwear.

Impact

Ballūta’s core mission is to encourage sustainable and responsible consumption and production patterns. 

The brand is an advocate for animal wellbeing and the protection of biodiversitywhich is why they produce vegan shoes with no animal-derived materialssuch as leather, fur, wool, silk, bees wax, feathers or animal-based glues.  

They put in a big effort ipromoting responsible and conscious consumption by creating fashion that is trans-seasonal and that their customers can cherish for a long time. Their designs can cross hemispheres seamlessly. Every year, they launch a new collection, while every style created before remains available. 

Also embedded in the brand’s DNA is a constant search for the best eco-friendly, man-made and natural raw materials available with the lowest carbon footprint possible. The great majority of materials they use are certified and produced in the EU, helping reduce their carbon footprint by sourcing locally and reassuring them that they comply with sustainability and labour standards as well as producing minimal waste. 

Ballūta business model is completely aligned with the 12th Sustainable Development Goal of the United Nations: to Ensure Sustainable consumption and production patterns. They are contributing to improving the number of countries with sustainable consumption and production and to reducing material footprint, per capita and per GDP.

Project Information

Ballūta’s mission is to create shoes that respect animal rights and protect biodiversity and ecosystems. This is why all their shoes are vegan, excluding all animal-derived materials like leather, fur, wool, silk, bees wax, feathers or animal-based glues, which guaranteed the promoter the "PETA-approved Vegan” certification. The constant search for high standard materials with a low carbon footprint is part of Ballūta’s DNA, which is why the brand mostly uses materials that are produced in Europe, and that comply with high sustainability and labour standards while producing minimal waste. To this constant search for sustainable and innovative resources is joined manufacturing of excellence in Portugal.

 

The goal of this project is to fund Ballūta expansion to new and bigger marketssuch as New York City or Milan. The funds will be mostly used in marketing, communication and research. The predicted actions are as follows: 

  • Public Relations and Media agency in New York in order to guarantee they are featured in magazine articles, specialized websites, showrooms and other events connected to sustainable fashion

  • Communication campaigns in media outlets such as Vogue UK

  • Specialized digital marketing

  • Influencer marketing on social media

  • Participation in international fairs (such as Mican Milano 2019) – costs with transportation (people and products, accommodation, room rental)

  • Spring Summer 2020 advertising campaign that should be presented in Milan in specialized media in September 2019

  • Other prospect actions in strategical markets

  • Market research

100% Funded
5 yr

term

5.5%

a year

6 mth

grace period

monthly

instalment

B-

rating

social_entrepreneurship

Social entrepreneurship

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

Sustainable luxury footwear.

100% Reserved Amount = € 0,00 € 25.000,00 of € 25.000

Impact

Ballūta’s core mission is to encourage sustainable and responsible consumption and production patterns. 

The brand is an advocate for animal wellbeing and the protection of biodiversitywhich is why they produce vegan shoes with no animal-derived materialssuch as leather, fur, wool, silk, bees wax, feathers or animal-based glues.  

They put in a big effort ipromoting responsible and conscious consumption by creating fashion that is trans-seasonal and that their customers can cherish for a long time. Their designs can cross hemispheres seamlessly. Every year, they launch a new collection, while every style created before remains available. 

Also embedded in the brand’s DNA is a constant search for the best eco-friendly, man-made and natural raw materials available with the lowest carbon footprint possible. The great majority of materials they use are certified and produced in the EU, helping reduce their carbon footprint by sourcing locally and reassuring them that they comply with sustainability and labour standards as well as producing minimal waste. 

Ballūta business model is completely aligned with the 12th Sustainable Development Goal of the United Nations: to Ensure Sustainable consumption and production patterns. They are contributing to improving the number of countries with sustainable consumption and production and to reducing material footprint, per capita and per GDP.

Project Information

Ballūta’s mission is to create shoes that respect animal rights and protect biodiversity and ecosystems. This is why all their shoes are vegan, excluding all animal-derived materials like leather, fur, wool, silk, bees wax, feathers or animal-based glues, which guaranteed the promoter the "PETA-approved Vegan” certification. The constant search for high standard materials with a low carbon footprint is part of Ballūta’s DNA, which is why the brand mostly uses materials that are produced in Europe, and that comply with high sustainability and labour standards while producing minimal waste. To this constant search for sustainable and innovative resources is joined manufacturing of excellence in Portugal.

 

The goal of this project is to fund Ballūta expansion to new and bigger marketssuch as New York City or Milan. The funds will be mostly used in marketing, communication and research. The predicted actions are as follows: 

  • Public Relations and Media agency in New York in order to guarantee they are featured in magazine articles, specialized websites, showrooms and other events connected to sustainable fashion

  • Communication campaigns in media outlets such as Vogue UK

  • Specialized digital marketing

  • Influencer marketing on social media

  • Participation in international fairs (such as Mican Milano 2019) – costs with transportation (people and products, accommodation, room rental)

  • Spring Summer 2020 advertising campaign that should be presented in Milan in specialized media in September 2019

  • Other prospect actions in strategical markets

  • Market research

CPRD, Lda

Active since
2018
Fiscal Country
Portugal
Operating in
Porto
Industry
Footwear
GoParity Loans
1
About CPRD, Lda

Ballūta’s promoter is CPRD, Lda. The brand is committed to creating luxurious and designer footwear in a sustainable way. Created in 2018 by Catarina Pedroso, its production is exclusively done by a family-run factory in São João da Madeira, Portugal, under safe and dignified working conditions. Their shoes are made from high-quality sustainable materials and are 100% animal-free. Ballūta believes that the future of fashion is circular, and so they are dedicated to developing trans-seasonal, timeless footwear, combining unique concepts, alternative materials and innovative technologies. Their mission is to “operate a modern and responsible business, by constantly challenging and pushing boundaries to protect and respect nature, animals and people”. Ballūta is the archaic origin of the Portuguese word for acorn – bolota. Its meaning represents the promoters’ belief in responsible practices and the effort they put into creating shoes “the better way”.

The Business Model

Ballūta’s production is exclusively done by a family-run factory in São João da Madeira, Portugal. The company's main markets are mostly European countries knowing their product shipment structure. However, they also ship to Australia, soma Asian countries (China, Singapore) and some American countries (USA, Brazil). In the beginning of 2019, they scored 4,96 out of 5,00 on their application to Portugal 2020. The goal of this credit line is to help small medium enterprises be more competitive. In Ballūta’s case this funding will help their international expansion.

Track Record

Founded in February 15th, 2018 by Catarina Pedroso, Ballūta’s main activities consist of manufacture of footwear and its components, travel and personal goods.

Several magazines reach out to the brand every day to feature their articles. The same happens for fashion shows where they have designers interested in using their shoes on the runway. 

In 2018, they were mentioned in Elle PT.

In 2019, they were mentioned in the Vogue China, InStyle Germany magazine, Flanelle Magazine, among many others.

In February 2019, they were invited to be in MICAM, the biggest footwear fair in the world, in Milan.

Promoter Rating: B-

Guarantees

This loan is secured with a personal guarantee from the company's shareholders Catarina Pedroso and Susana Gomes da Costa.

CPRD, Lda

Active since
2018
Fiscal Country
Portugal
Operating in
Porto
Industry
Footwear
GoParity Loans
1
About CPRD, Lda
Ballūta’s promoter is CPRD, Lda. The brand is committed to creating luxurious and designer footwear in a sustainable way. Created in 2018 by Catarina Pedroso, its production is exclusively done by a family-run factory in São João da Madeira, Portugal, under safe and dignified working conditions. Their shoes are made from high-quality sustainable materials and are 100% animal-free. Ballūta believes that the future of fashion is circular, and so they are dedicated to developing trans-seasonal, timeless footwear, combining unique concepts, alternative materials and innovative technologies. Their mission is to “operate a modern and responsible business, by constantly challenging and pushing boundaries to protect and respect nature, animals and people”. Ballūta is the archaic origin of the Portuguese word for acorn – bolota. Its meaning represents the promoters’ belief in responsible practices and the effort they put into creating shoes “the better way”.
The Business Model

Ballūta’s production is exclusively done by a family-run factory in São João da Madeira, Portugal. The company's main markets are mostly European countries knowing their product shipment structure. However, they also ship to Australia, soma Asian countries (China, Singapore) and some American countries (USA, Brazil). In the beginning of 2019, they scored 4,96 out of 5,00 on their application to Portugal 2020. The goal of this credit line is to help small medium enterprises be more competitive. In Ballūta’s case this funding will help their international expansion.

Track Record

Founded in February 15th, 2018 by Catarina Pedroso, Ballūta’s main activities consist of manufacture of footwear and its components, travel and personal goods.

Several magazines reach out to the brand every day to feature their articles. The same happens for fashion shows where they have designers interested in using their shoes on the runway. 

In 2018, they were mentioned in Elle PT.

In 2019, they were mentioned in the Vogue China, InStyle Germany magazine, Flanelle Magazine, among many others.

In February 2019, they were invited to be in MICAM, the biggest footwear fair in the world, in Milan.

Promoter Rating: B-

Guarantees

This loan is secured with a personal guarantee from the company's shareholders Catarina Pedroso and Susana Gomes da Costa.

Payments Status: On time

2020-05-11

Loan terms were restructured

The recent COVID-19 outbreak led to a partial stop on the Balluta operation, leading to cash flow difficulties. For this reason, the promoter requested the introduction of a 6 month grace period for the capital amortization and a 6 month project extension. All investors agreed and the loan restructuring was implemented. 

2020-01-14

Neonyt Berlin Runway with Balluta Shoes.

Vogue Germany covered their presence on Neonyt Runway, the sustainable branch of Berlin Fashion Week. From the 30 models, 5 were using Balluta shoes.

2019-11-11

Credit from Portugal 2020

Credit from Portugal 2020 Program to help small medium enterprises be more competitive. Classification of 4,96/5.00.

2019-09-10

Vogue Portugal

Ballūta brand and shoes were featured in Vogue Portugal.

2019-08-21

Vogue Ukraine

Ballūta brand and shoes were featured in Vogue Ukraine. 

2019-08-20

Vogue China

Ballūta brand and shoes were featured in Vogue China. 

2019-07-20

Helsinki Fashion Week

Helsinki Fashion Week is the only 100% animal free fair in the world. Balluta shoes were featured on Voranida Rujekitnara runway, a known sustainable stylist. Moreover, the event organizer asked the brand to use photos of their collection Algae II on their outdoor posters that were spread across the city.

2019-07-13

1st payment

2019-06-06

100% funded

2019-05-30

Open for investment

Payments Status: On time

2020-05-11

Loan terms were restructured

The recent COVID-19 outbreak led to a partial stop on the Balluta operation, leading to cash flow difficulties. For this reason, the promoter requested the introduction of a 6 month grace period for the capital amortization and a 6 month project extension. All investors agreed and the loan restructuring was implemented. 

2020-01-14

Neonyt Berlin Runway with Balluta Shoes.

Vogue Germany covered their presence on Neonyt Runway, the sustainable branch of Berlin Fashion Week. From the 30 models, 5 were using Balluta shoes.

2019-11-11

Credit from Portugal 2020

Credit from Portugal 2020 Program to help small medium enterprises be more competitive. Classification of 4,96/5.00.

2019-09-10

Vogue Portugal

Ballūta brand and shoes were featured in Vogue Portugal.

2019-08-21

Vogue Ukraine

Ballūta brand and shoes were featured in Vogue Ukraine. 

2019-08-20

Vogue China

Ballūta brand and shoes were featured in Vogue China. 

2019-07-20

Helsinki Fashion Week

Helsinki Fashion Week is the only 100% animal free fair in the world. Balluta shoes were featured on Voranida Rujekitnara runway, a known sustainable stylist. Moreover, the event organizer asked the brand to use photos of their collection Algae II on their outdoor posters that were spread across the city.

2019-07-13

1st payment

2019-06-06

100% funded

2019-05-30

Open for investment