Marietta Fruits

With a loan of EUR 4,000 Marietta can purchase bigger orders of fruits and vegetables against better prices.

funding gap emerging markets
NPFC
Company
Philippines
Country

The project

Marietta Biendima is a resident of Cavite, married to Benjamin. She is the sole owner of “Marietta Biendima Fruits and Vegetable Dealer”, named next to her. Its operation started in year 2000, engaged in buy and sell of fruits and vegetables. Some of the products were bought in Divisoria, Manila and some comes from their small farm in Nueva Ecija, where vegetables are transported directly to Cavite. She maintains three stalls in different towns of Cavite, which is located in Alfonso, Indang, and Mendez public markets. She also supplies to other public markets which increases her sales. 

At present, all her five workers are out of school youth that receives meal, aside from the weekly compensation. 

Lendahand and its local partner NPFC, will help Marietta acquire working capital to purchase bulk orders of vegetables and fruits.

NPFC

CEO
Marietta Biendima
Founded
2000-01-01
Location
Cavite
Sector
Distribution and Processing
Turnover
€36,768.52
Employees
5
€4,000raised
Fully funded in 9 days on 16 September 2015.
6investors
Invest in microfinance
€4,000
target
3.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved