funding gap emerging markets
Philippines

Franza Canteeneta

  • NPFC
  • Local partner investment
  • + 13 other investors
  • With EUR 5,800 Jurnalyn is able to renovate her bakery to accomodate more customers. 1 extra employee.

    €5,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 23 December 2015.
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      Based on all Lendahand historical investments
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      Summary

      “Franza Canteeneta”started its operations in 2012, and consists of a bakery and a canteen. The regular customers are mostly local farmers who visit often due to the cheap prices and because she allows lines of credit for regulars. At the same time, she delivers food product in nearby neighborhoods. 

      Jurnalyn is assisted by five regular workers that all receive a reasonable salary rate. She would like to renovate the store for expansion and purchase ingredients needed for baking. This will also allow the entrepreneur to hire an additional worker. 

      Together with Lendahand and its local partner NPFC, Jurnalyn Aglasi can acquire working capital loan.

      Company nameFranza Canteeneta
      CEOJurnalyn Aglasi
      Founded2012-01-01
      LocationTabuk City, Kalinga Apayao
      SectorServices
      Turnover€44,563.70
      Employees5

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 people are reached

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      We have already contributed for Franza Canteeneta

      Poul Brands
      Tjerk van Dijk
      + and another
      13
      investors