funding gap emerging markets
Philippines

Didi?s Meat Shop

  • NPFC
  • Local partner investment
  • + 11 other investors
  • With a loan of EUR 5,600 Candida can buy a food processor for her food shop onthe market in Quezon City.

    €5,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 30 September 2015.
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      Summary

      “Didi’s Meat Shop” is solely owned by Candida Freo from Valenzuela City. The business is operating in Dapitan Market, Quezon City, engaged in meat processing and dealership. Such processed meats are pork tocino (sweetened cured pork) and longganisa (Filipino pork sausage) and Candida has been doing this business since 1995. Aside from selling her processed meats in the shop in the market, she has been delivering to school canteens and nearby restaurants in Quezon City. 

      She is assisted by her five, all male workers in the daily operations. Giving them free meal, aside from compensation. Candida is a graduate of B.S Economics, married, and a mother of five. She is a sole-proprietor for 20 years now. Handling a business is not that easy, that she trains and exposes her children in her shop, that serves as a good training ground for them. Beside from the meat shop that she maintains, she also has a small eatery located nearby her home as her other source of income. 

      Lendahand and its local partner NPFC, will grant a working capital loan to Candida, to purchase an additional food processor and storage for the upcoming Christmas season for more additional bulk orders.

      Company nameDidi?s Meat Shop
      CEOCandida Freo
      Founded1995-01-01
      LocationValenzuela City
      SectorDistribution and Processing
      Turnover€126,651.82
      Employees5

      Impact

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

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

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      We have already contributed for Didi?s Meat Shop

      Ton Van der Meer
      Eduard Tee
      Ron van Eijk
      + and another
      11
      investors