General information

BorrowerNegosong Pinoy Finance Corporation
Head officeManila
Founded 1 January 2011
Active on Lendahand since 1 March 2013

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Financial information per 2018-03-31

Number of companies in portfolio378
Total assets€5,181,555
Leverage ratio17.00%
Write-off ratio last 12 months14.20%
% investment amount in arrears (>90 days)19.90%
% investment amount in arrears (>180 days)10.20%

About Philippines

A total of 90 million people live in the Philippines. The majority of the population is Roman Catholic. The country has an area of 300,000 square kilometers. Manila is the capital of the country, however Quezon is the largest city in the Philippines. The most important pillars of the economy are services and industrial activities. Philippines' economy has had stable growth since 2012, with an average of more than 5% per year. Due to the high domestic consumption, low dependence on exports and a large income from remittances from the millions of Filipino workers overseas, the Philippine economy is stable. The strategic location of the Philippines in the ASEAN region, makes it a gateway to a market of 500 million people.