funding gap emerging markets
Philippines

Fereydouni?s Auto Clinic

  • NPFC
  • Local partner investment
  • + 12 other investors
  • With EUR 3,800 we'll enable Abbas to take the first steps in realizing his ambition to branch out nationwide.

    €3,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 3 March 2015.
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      Project will be fully funded

      Summary

      A graduate of I.T with masteral of business course, Abbas Faraidooni Koochaksarai has an experience as a freelancer and a supervisor manager in a restaurant before establishing his own autoclinic in January 2011. Due to old age of Abbas’ landlord, he decided to offer Abbas the autoclinic four years ago, where he accepted to continue its operations and made some improvements which boost its sales. He named it Fereydouni’s Auto Clinic Phils. Located in Anonas, Quezon City having around thirty regular corporate clients and around sixty to seventy walk-ins. Abbas has two female and four male workers, receiving a weekly salary and provided with free accommodation. When autoclinic has good sale, he gives his worker bonuses on a monthly basis. In addition, he is giving his workers’ children with a school allowance. Abbas is an active member of a private group who makes fund raising that helps government hospitals and the like. Lendahand, partner with NPFC, will help Abbas Faraidooni Koochaksarai to acquire additional working capital to have an additional workers and have branches nationwide.

      Company nameFereydouni?s Auto Clinic
      CEOAbbas Koochaksarai
      Founded2011-01-01
      LocationQuezon City
      SectorServices
      Turnover€85,079.05
      Employees6

      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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