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funding gap emerging markets
Philippines

Payling?s Dried Fish

  • NPFC
  • Invest in microfinance
  • + 7 other investors
  • With EUR 1,800 Rafaela is able to strengthen the capacity of her inventory in order to cope with rising demand.

    €1,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 hours on 22 October 2015.

      The project

      “Payling’s Dried Fish and Pasalubong Center” started its operation in 1995. It is engaged in wholesale and retail of different dried fish and pasalubong products displayed in the store, catering both walk-in buyers and regular customers. On a weekly basis, same products are being delivered to its six regular clients which greatly help in increasing her sales. It has been operating for 20 straight years.

      Currently, the business employs 4 workers. All are working students and bread winners of their respective families. Each receives monthly salary and free meals. They were also given a chance to continue their studies because of the scholarship that its owner Ms. Rafaela Ducay offered to them.

      Lendahand and its local partner NPFC will provide working capital to Rafaela to purchase more stocks for her store.

      Company nameNPFC
      CEORafaela Ducay
      Founded1995-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€81,756.24
      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 Payling?s Dried Fish

      Ron van Eijk
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      7
      investors