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funding gap emerging markets
Philippines

IKCN Purified Water

  • NPFC
  • Invest in microfinance
  • + 9 other investors
  • With a loan of EUR 5,800 Chiqui Pua can purchase new gallons to continuously supply and cater clients.

    €5,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 2 February 2016.

      The project

      Chiqui Pua of Muntinlupa City, is married and a father of two children. He owns “IKCN Purified Water Station”, and manages its operation while his wife assists him with the financial aspect of the business. Its operation started in 2012, and is engaged in water processing and further purify it to provide a clean and healthy water to its customers. Its three years of operation allows him to tap multiple customers like residential areas, offices, schools, and nearby establishments within their area. 

      At present, Chiqui is assisted by his five, all male school drop-outs worker that delivers water gallon to their customers. He provides them free daily meal, aside from regular compensation. Loan proceed will be used by Chiqui Pua to purchase new gallons for him to continuously supply and cater clients.

      Lendahand will provide a loan to Chiqui together with local partner NPFC. The loan has to be repaid in 12 months. 

      Company nameNPFC
      CEOChiqui Pua
      Founded2012-01-01
      LocationMuntinlupa City
      SectorServices
      Turnover€38,040.34
      Employees5

      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 IKCN Purified Water

      Marco van der Ploeg
      + and another
      9
      investors