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funding gap emerging markets
Philippines

NB Wood Collection

  • NPFC
  • Invest in microfinance
  • + 7 other investors
  • With EUR 5,600 Niño is able to buy more input materials to manufacture wooden beds, chairs and tables.

    €5,600
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,600
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 19 May 2016.

      The project

      A native of Pampanga, Mr. Niño Braian Limpin who graduated Banking and Finance course pursued their family business after schooling. His family specializes in wooden pillars, wall shelf, bed, chairs, table, cabinet, boxes, and other wooden related products, which was initiated by his father 30 years ago. Niño took over in 2010, and transferred its ownership under its registered name“NB Wood Collection” operating in Calumpit, Bulacan. Finish products are being supplied to an export company and some are directly shipped to clients based in Japan, New York, and Europe.

      He is providing employment to 30 people that has proper unit assigned at. Additional 20 workers are needed upon rush works. Workers receive weekly wages. For projects that requires overtime work, barracks are provided for them where they can stay overnight.

      Niño is to purchase scrap woods for the continuous production. To be assisted by both NPFC and LendAHand. 

      Company nameNPFC
      CEONino Limpin
      Founded2010-01-01
      LocationCalumpit Bulacan
      SectorManufacturing / Production
      Turnover€148,656.37
      Employees30

      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 NB Wood Collection

      Derkjan van Veen
      + and another
      7
      investors