funding gap emerging markets
Philippines

Armelyn Duck Raising

  • NPFC
  • Local partner investment
  • + 6 other investors
  • With a loan of EUR 5,600 Armelyn is able to expand her farm and keep more ducks in the Philippines.

    €5,600
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,600
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 hours on 10 March 2016.
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      Based on all Lendahand historical investments
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      Summary

      Armelyn Villacorta obtained a Bachelor and Master degree at the University of Manila in 2014. With the influence of close family and friends, she set-up a business in duck farming in 2010 and named it “Armelyn Duck Raising”. During the first few years she managed it on her own while also working as a professional teacher.

      After 6 years of operation, Armelyn has eight regular and two part time workers that enjoy free daily meals next to weekly salary. She hopes to expand the business, and therefore needs additional working capital. 

      Lendahand will therefore provide a loan together with our local partner NPFC. To be repaid in 18 months. 

      Company nameArmelyn Duck Raising
      CEOArmelyn Villacorta
      Founded2010-01-01
      LocationSan Rafael Bulacan
      SectorAgriculture
      Turnover€78,352.67
      Employees8

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