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funding gap emerging markets
Philippines

Guiding Star Polyclinic

  • NPFC
  • Invest in a Financial Institution
  • + 18 other investors
  • With a loan of 6,400 euro, Lorena Sagun can buy new equipment for her polyclinic.

    €6,400
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,400
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 days on 17 August 2014.

      Summary

      Lorena "Lorie" Sagun, a 40 year old mother of two owns the Guiding Star Lying-in and Polyclinic for over 2 years. She worked as a volunteer midwife for Pagamutan Bayan ng Malabon (Malabon Public Hospital) where she met her doctor husband. 

      After she got married, she took up a nursing course and worked as a staff nurse for Martinez Memorial Hospital for 1.5 years. She thought of starting a clinic of their own. Both Lorie and her husband ran the clinic at their house for 6 years until her husband was able to raise enough money to purchase a property in Malabon for their clinic.

      They officially started Lorie started Guiding Star Lying-in and Polyclinic in September 2012. The name of the clinic was inspired by the story of Bethlehem Star guiding the three kings toward the newly born Jesus Christ. Her eldest son works as the front desk clerk of the clinic and the clinic employs 4 employees consisting of a male and three 3 females. They enjoy compensations and free meals. Guiding Star Lying-in and Polyclinic offers low consultation fees with affordable medicine.

      Lorie plans to branch out. Sometimes, the clinic just asks for the cost of medicine for the services they provide to patients who are unable to pay in full. And sometime they give it away for free. Lorie will use the proceeds of the loan to refurbish the clinic and to purchase new clinic equipment.

      Company nameGuiding Star Polyclinic
      CEOLorena Sagun
      Founded2012-01-01
      LocationMalabon City
      SectorServices
      Turnover€90,720.34
      Employees7

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Guiding Star Polyclinic

      Gert Mosterd
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      18
      investors