funding gap emerging markets
Philippines

Autorista Car Accessories

  • NPFC
  • Local partner investment
  • + 8 other investors
  • With a loan of EUR 2,800 Rowena will be able to buy new car accessories to expand her business.

    €2,800
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 12 October 2016.
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      Based on all Lendahand historical investments
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      Summary

      Founded in 1998, “Autorista Car Accessories and Auto Services” is solely owned by Rowena Diche of Bocaue, Bulacan. The business is engaged in selling car accessories with installation and mechanical services. The company is also into car accessories distribution in Bicol region and Laguna province.

      Rowena has three regular male workers receiving a per day salary based with mandated benefits. One of her employees who has six years of tenure receives an incentive per accomplished service. Additional five freelance installer and mechanic are hired during peak season. Rowena provides training to all her staff in the installation process for them to continuously provide a good service to clients.

      Despite of having two other competitors within her area of operation, Rowena has established good market and relationship to regular and walk-in clients.

      An additional working capital will be needed by Rowena Diche to avail new stocks of inventory such as central lock, speaker, horn, and others. 

      Together with local partner MPFC Lendahand will provide a loan that must be repaid in 12 months.

      Company nameAutorista Car Accessories
      CEORowena Diche
      Founded1998-01-01
      LocationTuro, Bulacan
      SectorServices
      Turnover€64,872.30
      Employees3

      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 Autorista Car Accessories

      Aad Smits
      Frans Wittenberg
      Jaap Boersema
      + and another
      8
      investors