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funding gap emerging markets
Philippines

Efson Air Conditioning

  • NPFC
  • Invest in a Financial Institution
  • + 7 other investors
  • With EUR 6,000 Edwin is able to buy more materials which allows him to boost the production of refrigerators.

    €6,000
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,000
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 10 days on 21 December 2015.

      Summary

      “Efson Air Conditioning Services” is managed by Edwin Flores Jr. who inherited the company in 2001 from his parents. He graduated Fine Arts and Advertising, but decided to help his father with the family business. He therefore decided to become certified in manufacturing airconditioning and refrigerators. 

      Currently, the company employs a total of 12 skilled workers. They all receive minimum wage, statutory benefits, meals, and lodging. Also, there are three on-call workers, depending on the workload. 

      The loan will be used to acquire additional raw materials so Edwin is able to boost the production of refrigerators. Lendahand will provide a loan together with local partner NPFC which will be repaid in 18 months. 

      Company nameEfson Air Conditioning
      CEOEdwin Jr. Flores
      Founded2001-01-01
      LocationCebu City
      SectorServices
      Turnover€21,463.81
      Employees12

      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 Efson Air Conditioning

      Roderik Emmerink
      Tjerk van Dijk
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      7
      investors