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funding gap emerging markets
Colombia

Finca El Serrucho 2

  • Eclof Colombia
  • Invest in microfinance
  • + 9 other investors
  • A loan of EUR 5,400 enables Marhta to buy new cows and hire 1 fixed employee to help her on the farm.

    €6,300
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,300
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 hours on 29 February 2016.

      The project

      SECOND LOAN

      Martha is the proud owner of dairy farm ‘el serrucho’. El serrucho means the saw. For 7 years now Martha is the owner of this small farm, and she has cows for dairy production and pigs. Everyday she starts her day at 4 am. Together with her husband she milks the cows and feeds the pigs. As soon as she is finished, she goes to a small bakery in town where she works as manager. Her husband goes to the local dairy processor to sell the raw milk. Martha and her husband have 2 sons (who both go to college) who help them taking care of the animals and to maintain the pasture on which the cows graze.

      With the loan, Martha would like to expand her farm. She is also able to hire 1 fixed employee to help her on the farm.

      Lendahand will provide this loan to Martha together with local partner Eclof. The loan has to be repaid in 36 months.

      Company nameEclof Colombia
      CEOMartha Rodriguez
      Founded2008-01-01
      LocationChia
      SectorManufacturing / Production
      Turnover€41,095.89
      Employees3

      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 Finca El Serrucho 2

      Aad Nootebos
      Annelies Braakman
      + and another
      9
      investors