Jose?s E-Trike

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Philippines

Jose?s E-Trike

NPFC

Invest in microfinance

+ 4 other investors

With a loan of EUR 4,800 Jose can purchase a e-trike, a solar powered tricycle, and sustain his taxi business.

€4,800

Amount

3.00%

Interest

24 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€4,800
Interest	3.00%
Maturity	24 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 22 hours on 22 April 2016.

The project

Jose Snooky Gabay resides in Malay, Aklan together with his wife, Chona and three kids. He owns two tricycle since 1997. In the recent year, the local government would like to changed all gasoline-powered tricycle in to electric tricycle or e-trike to lessen the pollution in the island. In his cooperation, he will purchase an e-trike which he will name Joses E-Trike. He has two out-of-school youth driver, that drives the e-trike daily. A percentage of the income is divided between Jose and drivers.

For him to purchase the e-trike, he needs a fixed asset loan which will be provided by LendAHand and NPFC.

Company name	NPFC
CEO	Jose Gabay
Founded	1997-01-01
Location	Malay, Aklan
Sector	Services
Turnover	€21,683.42
Employees	2

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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