First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Philippines

Jenelyn Kudkuran

  • NPFC
  • Invest in microfinance
  • + 6 other investors
  • With a loan of EUR 2,000 Jenelyn will be enabled to maintain a sufficient stock level for the coming months.

    €2,000
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 29 September 2015.

      The project

      Jenelyn Ortonero was born and raised in Alfonso, Cavite. She is married to Arthur with whom she has three children. She start her business in year 2000, while she was still single. She established “Jenelyn Kudkuran at Pigaan ng Niog”, that is now operating for 15 years. When she got married, her spouse assists her with the business. Jenelyn maintains two stalls in two different public market in Cavite, one in Alfonso, and the other is located in Mendez. 

      She caters walk-in buyers and supplies some public markets in Imus Cavite, Blumentrit and Divisoria Manila, Quezon City, and some in Bulacan, which are her clear market. Coconuts are bought to farmers which creates an indirect employment, and an additional income for the farmers family. Coconuts are further process by Jenelyn, by squeezing and grinding it. Process coconut milks are delivered as bulk orders to some restaurants in Cavite. The daily operation of the business let Jenelyn employ five regular out of school youth, whom she pay on a monthly basis, and gives them free meal and bonus. Next to coconut milk, she is also engaged in charcoal trading that are also sold in her stalls. 

      Lendahand will provide the loan to Jenelyn together with local partner NPFC. The loan will be repaid in 12 months.

      Company nameNPFC
      CEOJenelyn Ortonero
      Founded2000-01-01
      LocationAlfonso Cavite
      SectorWholesale / Retail
      Turnover€62,058.39
      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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Jenelyn Kudkuran

      A. Pronk
      Ron van Eijk
      + and another
      6
      investors