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funding gap emerging markets
Philippines

Caballes Dried Fish

  • NPFC
  • Invest in a Financial Institution
  • + 9 other investors
  • With a loan of EUR 2,800 Niña can further expand her stock of dried fish. The maturity of the loan is 6 months.

    €2,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 5 October 2015.

      Summary

      Niña Stephanie Caballes is a native of Cebu City. She is engaged in their family business of dried fish and pasalubong located in Tabo-an Public Market in the City of Cebu. It was first established by her parents, but she take over the operations in 1995 and changed its name to “Caballes Dried Fish Supply and Pasalubong” on September 2013, under her married family name. Niña and her business is very well-known in the public market, she offers wholesale and retail of dried fish, that she gets from different provinces in the Philippines as well as her pasalubong items. 

      Most of her buyers are walk-ins, but she also has six regular clients were she delivers her products on a weekly basis. Her four regular workers are all out-of-school-youth, whom she is providing with food. Stay-in workers are given with free board and lodging at the same time, aside from the monthly salary that they receive. On peak season, where lots of customer visit the shop, she hires two additional worker to attend to buyers’ need. The proceeds of working capital loan will be used to purchase additional stocks. 

      Lendahand will provide this loan to Niña together with its local partner NPFC.

      Company nameCaballes Dried Fish
      CEONiña Caballes
      Founded1995-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€54,409.62
      Employees4

      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 Caballes Dried Fish

      Ron van Eijk
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      9
      investors