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funding gap emerging markets
Philippines

Caballes Dried Fish 2

  • NPFC
  • Invest in a Financial Institution
  • + 6 other investors
  • With a loan of EUR 3,800 Nina can further expand her business in dried fish and increase her regular stock.

    €3,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 26 April 2016.

      Summary

      SECOND LOAN

      Niña Stephanie Caballes of Cebu, inherited her parent’s dried fish and pasalubong business in 1995. She named it “Caballes Dried Fish Supply and Pasalubong”, which was named next to her married surname and where the business she is engaged in. Different dried fish are sold in her store together with food gifts or ‘pasalubong’ which are supplied by local fishermen in the Philippine island. Her products are sold either wholesale or retail, depending on the buyer.

      From her first loan to NPFC, she has retained her six regular workers. Two additional are hired that serves as sales lady / man in her shop. Those who are elementary graduates are employed by her. Due to limited income that the workers received, Niña provides them snacks and shelter for a living.

      An additional working capital is needed by Niña to continuously serve her regular buyers, including walk-in. Lendahand will provide this loan to Niña together with its local partner NPFC.

      Company nameCaballes Dried Fish 2
      CEONina Caballes
      Founded1995-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€49,775.21
      Employees8

      Impact

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

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

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      We have already contributed to Caballes Dried Fish 2

      Aad Smits
      + and another
      6
      investors