Case Study on the SINA Purpose Pool and its Innovative Revenue Based Financing (RBF) Model

SINA is a movement of changemaker-makers: youth from challenging backgrounds who learn by leading, take on real roles in self-organized communities, and build social enterprises that solve real-world problems. Scholars shape their own path, gain practical skills, and turn challenges into opportunities inside regenerative, freesponsible learning spaces.

This MBA research from Makerere University by David Kawaida spotlights how the SINA Purpose Pool (SPP) supports founders with flexible, revenue-based financing instead of fixed-term debt. In the study’s words, the “SPP leverages RBF where businesses repay a set percentage of their monthly revenue, in this case, 5%, until they reach a repayment total equivalent to 1.5 to 2.5 times the initial investment.” The author describes SINA as promoting “self-organized learning environments that enable marginalized youth and refugees to become social entrepreneurs,” which is exactly the context in which the Purpose Pool operates.

What stood out in the study is weighing financing options is that interest in RBF is growing and many would recommend it to peers. The study notes that “most respondents expressed a positive sentiment towards recommending RBF financing,” and it also observes that many businesses already keep bank accounts and financial records, which “build[s] credibility with potential financiers.”

If you are exploring inclusive, non-dilutive ways to grow a purpose-driven venture—or you fund them—this case study offers a close look at how revenue-based capital and a self-organized, freesponsible ecosystem can reinforce each other at SINA.

Download the full MBA research report (PDF):