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funding gap emerging markets
Philippines

Dory's Catering Services

  • NPFC
  • Invest in microfinance
  • €1,600
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,600
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 37 days on 9 January 2014.

      The project

      From raising duck, Dory and her husband thought of how they can innovate their inherited business and put up their own catering services that also offers duck cuisine and relyenong bangus( stuffed milkfish) with sumptuous fillings which made them popular in their town in Angono. With their passion to serve delectable food Dory’s business reached Canada and Guam and even bazaar and SM Malls and nearby town fiestas. Just like other business owner, they have faced trials and obstacles like flood, storms and even shortage in capital to suffice their orders. But with great courage, she and her family worked together to manage their catering business which has been in operation for 5 years.

      Currently, she employees 5 female and 5 males which she pays SSS and Philhealth contribution plus free meal for them. She dreams of expanding and her business by building her own restaurant in which she can employs more of her neighbors. Her loan to NPFC amounting to Php.100,000 will be used as additional working capital.

      Company nameNPFC
      CEODorotea Morales
      Founded2008-01-01
      LocationAngono, Rizal
      SectorServices
      Turnover€20,202.02
      Employees10

      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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