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funding gap emerging markets
Philippines

ACMN Trading 2

  • NPFC
  • Invest in microfinance
  • + 16 other investors
  • With a loan of EUR 4,800 Cristina will be able to purchase additional materials to supply distribution.

    €4,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 12 days on 24 November 2015.

      The project

      SECOND LOAN

      Cristina Francisco from San Jose Del Monte, Bulacan, established “ACMN Trading” in 2008 which is engage in construction supplies and fully supervised by her spouse Alvin. Aside from the construction materials sold in shop, they manufacture hollowblocks where part of the raw materials used are from lahar(volcanic mudflows) of the Mt. Pinatubo which exploded in 1991. These are also being distributed to small hardwares in Bulacan. She has provided jobs to a total of six workers, composed of four male and two female given with free meals and accommodation aside from the salary received. She also has four non-regular workers. From her first loan to NPFC, Cristina was able to expand her business and have two branch in nearby areas. The next loan proceed that she will acquire will be used to serve the purchase order of her client, this will be provided by NPFC and LendAHand. To be repaid in 12mos.

      Company nameNPFC
      CEOCristina Francisco
      Founded2008-01-01
      LocationBulacan
      SectorWholesale / Retail
      Turnover€244,443.37
      Employees6

      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 ACMN Trading 2

      Jan Hazejager
      Hans Kramer
      Frans Wittenberg
      Dennis Oosterhof
      + and another
      16
      investors