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funding gap emerging markets
Philippines

Adzer Engineering

  • NPFC
  • Invest in microfinance
  • + 3 other investors
  • €8,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 12 days on 10 November 2013.

      The project

      Adzer Engineering is an ISO certified machine shop that manufactures semiconductor tooling for electronics companies.

      Description of Entrepreneur : Mr. Cabarrubias is a mechanical engineer whose expertise in employment becomes his driving force to start his own business. With an initial capital of Php150,000 and two machines acquired through credit, he put up Adzer Engineering. Together with his wife and sister-in law, they are now operating for 17 years. They have 23 workers. They are accepting OJTs from different schools and foundations. If they want to work in the company, they are hired as probationary employee eventually.

      Company nameNPFC
      CEOVirgilio Cabarrubias
      Founded1996-01-01
      LocationCainta, Rizal
      SectorServices
      Turnover€118,824.10
      Employees23

      Impact

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