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funding gap emerging markets
Philippines

RMRJ Trading

  • NPFC
  • Invest in a Financial Institution
  • + 8 other investors
  • €2,400
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,400
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 27 days on 27 February 2014.

      Summary

      Rosalie Remando a 48 year old mother of two boys owns RMRJ Trading with 19 years of operation manufacturing Corrugated Recycled Boxes. Most of their products go to clients from Laguna, Cavite and Manila for export.

      Known as Sally to her friends, worked as a nurse at Trinity General Hospital for four years. When she got married, Rosalie was influenced by her in-laws to continue with their business and have her husband to manage its operations.

      For 19 years, she had employed out of school youths where some even got married and still worked for them until they decided to set up their own business. Currently the business employs 6 persons with her husband as the operations manager. Three of their staff are tenured employees and all 6 are provided with board and lodgings.

      NPFC granted Sally a loan amounting to P150,000, payable in 18 months to be used as additional working capital to buy raw materials and wages.

      Company nameRMRJ Trading
      CEORosalie Remando
      Founded1994-01-01
      LocationTondo Manila
      SectorManufacturing / Production
      Turnover€42,296.55
      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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