funding gap emerging markets
Philippines

Mark and Raquel Yema 3

  • NPFC
  • Local partner investment
  • + 7 other investors
  • With a loan of EUR 3,800 Raquel can expand her company in yema (sweet snack) even further in Bulacan.

    €3,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 27 August 2015.
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      Based on all Lendahand historical investments
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      Summary

      THIRD LOAN

      Raquel Sagala, is a native of Malolos, Bulacan, married to Mauro, also known as Mark. In 1999, she started a small business. It was the time when she was pregnant and thought of making something that she really likes. Being a sweet lover, she decided to make yema, which was first sold in nearby schools and later on to ‘sari-sari’ stores. The continuous growth of her product allow her to supply regularly in different markets and in resorts every summer in Bulacan, Philippines. 

      “Mark and Raquel’s Yema” employs eight workers. Provided with piece rate salary and a Philhealth benefit. Both spouses supports feeding program in public schools, focusing to malnourished kids. She also offers subsidy to students that works for her as part-time.

      Lendahand, and its local partner NPFC, will help Raquel Sagala again to acquire working capital to purchase additional raw materials to boost its yema production. And to employ additional of four workers.

      Company nameMark and Raquel Yema 3
      CEORaquel Sagala
      Founded1999-01-01
      LocationBocaue Bulacan
      SectorManufacturing / Production
      Turnover€29,606.55
      Employees8

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 people are reached

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      We have already contributed for Mark and Raquel Yema 3

      Ron van Eijk
      A. Pronk
      + and another
      7
      investors