Trading Excess

Ronald maked new door mats of crap textile materials. With EUR 4,600 he can hire to extra employees.

funding gap emerging markets
NPFC
Company
Philippines
Country

The project

Ronald Vasquez is a forty one (41) year old father of four (4) children owns Trading Excess fourteen (14) years ago.

Having grown in a family business that manufactures rags and door mats using scrap textile materials, he started the same business named Trading Excess from a capital given by his mother.

Trading Excess has clients coming from Divisoria in Manila City and Taytay in the Province of Rizal and currently employs fifteen (15) workers, eight (8) of which are women, complete with free board and lodging.

He had been employing elementary graduates and regularly sponsors an annual community sportfest for youths to avoid them from drugs. He plans to venture into a different business, which is in food business.

NPFC helps Ronald for assistance that would generate more employees.

NPFC

CEO
Ronald
Founded
2000-01-01
Location
Cainta, Rizal
Sector
Manufacturing / Production
Turnover
€82,841.34
Employees
15
€4,600raised
Fully funded in 13 days on 25 May 2014.
18investors
Invest in microfinance
€4,600
target
3.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

2
Jobs created
8
Lives improved