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funding gap emerging markets
Philippines

Cuevas Bread House

  • NPFC
  • Invest in microfinance
  • + 20 other investors
  • With EUR 5,000 Eduardo can optimize his bread and pastry assortment ánd expand to Bulacan.

    €5,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 days on 1 October 2014.

      The project

      Eduardo Cuevas Maalihan is a forty-three (43) year old father of six (6) children. He worked as a hotel supervisor in Japan for six (6) months. Ed manages Cuevas Bread House. Cuevas Bread House was founded by Jacinta Maalihan in 1967 in Valenzuela City. Cuevas Bread House is an ambitious family owned company supplying bread and other bakery products to all major retailers and smaller stores, within the distribution region.

      Cuevas Bread House company history has always been driven by innovation. Eduardo Maalihan’s aim was to constantly improve the quality of the bread or pastries by developing a more gentle production process.

      All of his contributes to a steady growth of Cuevas bread on the Philippine market. The business has been built on product quality and high level of service to our customers.

      Cuevas Bread House has over a long years, transformed from a small local supplier to a well respected plant bread manufacturer. The company continues to go from strength to strength, winning a host of new contracts, continually reviewing its product range and steadily expanding into the region of Bulacan.

      Cuevas Bread House has twelve (12) branches located in Caloocan and Bulacan and employs thirty-six (36) males and forty-three (43) females. The employees are deployed around the twelve (12) Cuevas Bread Houses with just and legal compensation and free meals. The Company has continued to grow and now proudly achieves a turnover of around 30 million and continued to expand all over the philippines.

      Lendahand partner's NPFC is supporting Eduardo Maalihan in acquiring additional working capital to boost the production and support for the incoming orders.

      Company nameNPFC
      CEOEduardo Maalihan
      Founded1967-01-01
      LocationBulacan
      SectorManufacturing / Production
      Turnover€661,887.60
      Employees79

      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 Cuevas Bread House

      Cees van Iperen
      Peter Beers
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      investors