funding gap emerging markets
Philippines

Trading Excess

  • NPFC
  • Invest in microfinance
  • + 18 other investors
  • Ronald maked new door mats of crap textile materials. With EUR 4,600 he can hire to extra employees.

    €4,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 13 days on 25 May 2014.

      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.

      Company nameNPFC
      CEORonald
      Founded2000-01-01
      LocationCainta, Rizal
      SectorManufacturing / Production
      Turnover€82,841.34
      Employees15

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Trading Excess

      Jan de Wit
      Arno Huibers
      + and another
      18
      investors