Panaderia la 97

funding gap emerging markets
Eclof Colombia
Company
Colombia
Country

The project

Gildardo has been working in bakery La 97 for over 20 years, baking bread and pies. 1,5 years ago he became owner of the bakery; the previous owner offered him the bakery for sale and Gildardo seized this opportunity with both hands! His wife works in the story and takes care of the customers, while Gildardo is baking bread and pies. The bakery is located in a very good, commercial area close to many transport routes. With the Lendahand loan, they will invest in bread mixers and an oven. In the long-run they would like to buy the property, which they are currently renting. 

Eclof Colombia

CEO
Gildardo
Founded
2012-01-01
Location
Soacha/Cundinamarca
Sector
Wholesale / Retail
Turnover
€74,457.08
Employees
2
€9,800raised
Fully funded in 82 days on 28 April 2014.
12investors
Invest in microfinance
€9,800
target
3.0
%
Interest
24
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

3
Jobs created
12
Lives improved