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funding gap emerging markets
Philippines

Magluluma Enterprises

  • NPFC
  • Invest in a Financial Institution
  • + 48 other investors
  • With a loan of EUR 46,800 Sunshine is able to mobilise 3 large construction projects that were delayed.

    €46,800
    Amount
    4.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€46,800
    Interest4.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 hours on 23 March 2016.

      Summary

      Sunshine Guevara graduated in early 2000, with a specialty in Information Technology. After graduation, she became the head of marketing in her parents' demolition business and eventually took over in 2009. The name was then changed into “Magluluma Enterprises”. Bsides offering demolition services, Sunshine decided to expand and ventured into construction as well. The construction operations leave quite a bit of scrap materials, which fortunately, can be recycled, re-used or sold in the company's store. 

      Sunshine has 17 regular workers. Besides the regulars, over a 100 individuals can be hired depending upon location and project size. The regular workers receive weekly salary and mandatory benefits like Philhealth.

      She applied for a loan in order to mobilize the current three projects as they were a bit delayed, which is common in construction business. For her to be able to do this, she will be needing working capital loan to be provided by Lendahand and NPFC. The loan will be repaid in 6 months. 

      Company nameMagluluma Enterprises
      CEOSunshine Guevarra
      Founded1997-01-01
      LocationAntipolo City
      SectorServices
      Turnover€244,240.49
      Employees17

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

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      We have already contributed to Magluluma Enterprises

      Gert Mosterd
      Gert Baas
      Hans Kramer
      Bianca Wiedenhoff-Mosterd
      Arjen Kramer
      + and another
      48
      investors