Retail of sports equipment
100% Funded

Interest rate:22.5%
Period:12 months
Target: 52 894€
Min. target: 30 000€
Opens: 2020/09/29
Expires: 2020/10/27
Type: SME
Location: Latvia
Investors: 470


CROWDESTOR would like to announce a new project opportunity for our investors in the retail of the sports equipment industry. 

* Find the full Credit report in the attachment


Current investment opportunity offers CROWDESTOR investors to make a loan with a 22.5% annual interest rate with a monthly repayment of the principal amount and the interest. The funding target is 61 000 EUR. 


The loan is secured with a personal guarantee from the company shareholder. 


Minimum target: 30 000,00 EUR

Maximum target: 61 000,00 EUR

Loan term: 12 months

Interest rate: 22.5% per annum

Interest payments: paid monthly

Loan repayment: paid monthly

Collateral: Personal guarantee from company shareholders


About the Borrower


The company SIA Fanu Pasaule was established in 2009 and is operating in the field of retail and wholesale of sporting goods. The company has an office in Riga, Latvia. SIA Fanu Pasaule is proud of its stable growth with a consistent income and continually growing turnover, making them a stable player in the sporting goods industry. With more than 11 years of experience in the field, SIA Fanu Pasaule has gained strong recognition not only in Latvia but in the whole Baltics. SIA Fanu Pasaule has been the official technical sponsor and equipment supplier for the Latvian Football Federation. Since 2016 the company is the main supplier and technical sponsor of the FC Riga. SIA Fanu Pasaule has also proved its success by providing equipment for the Latvian Paralympic team for the Rio Olympics and participating in the equipment tender of the Latvian Olympic Committee for the Olympic Games in Tokyo. 

The company is the official Adidas and JAKO dealers in the Baltic countries. They offer products at competitive prices to sports clubs, as well as loyalty programs. With a large range of products:

  • Football shoes
  • Textile
  • Balls
  • Accessories
  • Goalkeeper equipment
  • Awards
  • Equipment for judo, karate, MMA, boxing, and wrestling
  • Weightlifting shoes and bodysuits
  • Clothing and footwear for athletics
  • Equipment for gymnastics
  • A large selection of team equipment.
The major part of an amount to be raised in this financing round is necessary to increase working capital and to open two new stores - the actual cash discount at the stadium together with FC Riga and the Latvian Football Federation fan shop online store, as SIA Fanu Pasaule was given the exclusive rights to manufacture and distribute goods with the Latvian Football Federation logo.

The other part of the amount to be raised (10% of the target amount) will go to refinance the company's current liabilities.

See more about the company here:

Name of the company

SIA Fanu Pasaule 

Registration number 40103232383 

Registration date


Registration country


Legal address Grostonas iela 6B, Rīga, LV-1013

Svetlana Bota, Oskars Sijāts

Board member

Svetlana Bota, Oskars Sijāts

Actual address

Grostonas iela 6B, Rīga, LV-1013


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