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funding gap emerging markets
Philippines

Kobe Marketing 2

  • NPFC
  • Invest in a Financial Institution
  • + 16 other investors
  • With a loan of EUR 7,600 Deogracias can increase his stock of motor parts and further expand business.

    €7,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 13 hours on 1 March 2016.

      Summary

      SECOND LOAN

      Deogracias Tamondong a resident of Pililla started a business in 2006, he registered it under Department of Trade and Industry (DTI) and named it “Kobe Marketing”. The business is engaged in selling of motorcycle parts and accessories. As an additional service, they are offering their buyers a free installation. For the past years, he was able to have two branches located in Morong, Rizal. 

      Because of this he was able to hire 16 workers, provided with daily salary and mandated benefits. Eight of which are mechanics. Due to the high competition in their locality, Deogracias offers his customers, cheaper but quality items that even locals near the area, like Binangonan and Cardona, visits his store. 

      Lendahand and local partner NPFC, will provide an additional working capital loan to Deogracias to purchase additional motorcycle parts and accessories.

      Company nameKobe Marketing 2
      CEODeogracias Tamondong
      Founded2006-01-01
      LocationPililia, Rizal
      SectorWholesale / Retail
      Turnover€113,159.81
      Employees16

      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 Kobe Marketing 2

      Ron van Eijk
      + and another
      16
      investors