Rats & Bananas
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Rats & Bananas

Clothes 100% produced in Portugal.
Investment overview
Impact category
Green economy
Investment type
Loan
Yearly interest
4.7
%
Term
60
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
A
D
B-

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https://goparity.com/projects/rats-bananas-259

Description
Impact
Financial viability
Promoter

What will you be financing?

RATS & BANANAS is a brand based in Lisbon, inspired by free spirits, where the creative process is focused on the best cut, edgy details, versatility, and comfort. The brand's mission is that whoever uses it feels positive and happy when wearing its pieces.

Created in the midst of the pandemic, in 2020, Rats & Bananas is a small brand where sustainability is a pillar, and the pieces are 100% produced in Portugal. From the optimization of resources to the choice of suppliers, through the selection of raw materials, contributing to a better future is the motto that guides Rats & Bananas' decisions. They bet on the variety of fabrics, details, and patterns, on premium and comfortable materials, and on a limited number of models.

This growing company intends to reinforce marketing via photoshoots and a restructuring of its online platform. It also intends to strengthen the company's physical infrastructure to increase storage and production capacity.

The funds raised through this campaign will be used for:

  • Production of the new collection, photo campaign, and showroom.
  • Acquisition of IT equipment to manage the company (one computer).
  • Website integrations with the carrier and billing services.

What is the impact?

Direct

  • Job creation: financing the campaign will result in the generation of 1 job at Rats&Bananas.
  • Reuse of textile waste: the company uses, in 60% of its production, fabrics considered dead stock by suppliers - because due to the available quantity can not be used in collections of major brands. This way, Rats & Bananas has already reused around 500 meters of fabrics that would be discarded, contributing to the reduction of textile waste.
  • National production support: all suppliers for the confection of the pieces are Portuguese companies, located in the North of the country. Through its production Rats & Bananas together with 6 national suppliers, supporting the local Portuguese economy.

Indirect

  • Logistical efficiency and smaller carbon footprint: national production represents gains in efficiency and in terms of carbon footprint with the shorter distance for delivery to the company's headquarters in Lisbon. Furthermore, the company recently decided to store stock at the production site itself so that it can be shipped directly from there to customers, avoiding unnecessary transportation and packaging.
  • Promotion of conscious production and consumption: through the reduced number of collections per year, and the production of durable and timelessly designed pieces, Rats & Bananas approaches conscious fashion practices.
  • Female entrepreneurship: Rats & Bananas was founded and is led by Joana Ferraz.

Impact indicators

CO2 avoided per year
clean energy
1
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
JOANA FERRAZ, LDA

Direct

  • Job creation: financing the campaign will result in the generation of 1 job at Rats&Bananas.
  • Reuse of textile waste: the company uses, in 60% of its production, fabrics considered dead stock by suppliers - because due to the available quantity can not be used in collections of major brands. This way, Rats & Bananas has already reused around 500 meters of fabrics that would be discarded, contributing to the reduction of textile waste.
  • National production support: all suppliers for the confection of the pieces are Portuguese companies, located in the North of the country. Through its production Rats & Bananas together with 6 national suppliers, supporting the local Portuguese economy.

Indirect

  • Logistical efficiency and smaller carbon footprint: national production represents gains in efficiency and in terms of carbon footprint with the shorter distance for delivery to the company's headquarters in Lisbon. Furthermore, the company recently decided to store stock at the production site itself so that it can be shipped directly from there to customers, avoiding unnecessary transportation and packaging.
  • Promotion of conscious production and consumption: through the reduced number of collections per year, and the production of durable and timelessly designed pieces, Rats & Bananas approaches conscious fashion practices.
  • Female entrepreneurship: Rats & Bananas was founded and is led by Joana Ferraz.

Promoter website

https://ratsandbananas.com/?lang=en

Business Model

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Target

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