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funding gap emerging markets
Philippines

Marietta Fruits

  • NPFC
  • Invest in microfinance
  • + 6 other investors
  • With a loan of EUR 4,000 Marietta can purchase bigger orders of fruits and vegetables against better prices.

    €4,000
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,000
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 days on 16 September 2015.

      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.

      Company nameNPFC
      CEOMarietta Biendima
      Founded2000-01-01
      LocationCavite
      SectorDistribution and Processing
      Turnover€36,768.52
      Employees5

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Marietta Fruits

      Erik Hamelink
      Ron van Eijk
      + and another
      6
      investors