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funding gap emerging markets
Philippines

Kusina Batanguena

  • NPFC
  • Invest in a Financial Institution
  • + 12 other investors
  • With a loan of EUR 5,600 Johna can acquire a 2nd hand Mitsubishi L300FB delivery van and expand her market.

    €5,600
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,600
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 hours on 15 April 2016.

      Summary

      Ms. Johna Velasques is married from Negros, Occidental. She is a graduate of Information Technology. After getting married they started the business named Kusina Batanguena Home Cannary. Business has been operating for five years and was formally registered in 2015.

      Eventually when the demands for the products arises the carinderia was converted into processing and preserving of local Batangas fish (found only in Taal Lake) for bottled Sinaing na Tulingan. Today Kusina Batanguena has two major distributors of their products, Coles Native Sweet Treats and Lubron Trading. 

      Currently, business employs 4 regular employees and 2 part-time/piece-rate employees. The loan purpose is to acquire a 2nd hand Mitsubishi L300FB delivery van and planning to expand her market and saturate the Batangas province in promoting the Batangas products.

      Company nameKusina Batanguena
      CEOJohna Velasquez
      Founded2011-01-01
      LocationMataas na Kahoy Batangas
      SectorDistribution and Processing
      Turnover€32,155.54
      Employees4

      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 Kusina Batanguena

      A. Pronk
      + and another
      12
      investors