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funding gap emerging markets
Philippines

Epie?s Palay Dealer 2

  • NPFC
  • Invest in microfinance
  • + 10 other investors
  • Epie needs an additional working capital of EUR 8.600 to buy grains from farmers of Laguna.

    €8,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 2 May 2016.

      The project

      Epitacia ‘Epie’ Angcahan of Pagsanjan, Laguna started rice grain business in 1997. Where she buys the grain from farmers, dried it, put it in sacks, then distributes to customer from markets in Laguna, Rizal, and Quezon province. She was known as “Epie’s Palay Dealer” to all her long time customers. Rice Grains are distributed to buyers daily, that results to a good income for her because all transactions are on a cash to cash basis.

      To continuously serve her clients, Epie needs an additional working capital to buy grains from farmers of Laguna. 

      Company nameNPFC
      CEOEpitacia Angcahan
      Founded1997-01-01
      LocationPagsanjan Laguna
      SectorWholesale / Retail
      Turnover€63,928.70
      Employees14

      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 Epie?s Palay Dealer 2

      Derkjan van Veen
      + and another
      10
      investors