R-Cel Motor Accessories

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Philippines

R-Cel Motor Accessories

NPFC

Invest in microfinance

+ 6 other investors

Arcel will use his loan proceed of EUR 2,000 to purchase stocks for his inventory and all kinds of accessoires.

€2,000

Amount

3.00%

Interest

12 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€2,000
Interest	3.00%
Maturity	12 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 11 hours on 30 June 2016.

The project

Arcel Gempesao is a motorbike enthusiast. Thus, he decided to established a business in 2010, which he named as R-Cel Racing and Motor Accessories Supply. It was officially registered in 2014. Motorcycle parts and accessories are sold in his shop. He is assisted by his four workers, who are all school drop-outs who wanted to earn for their families. Fix wage is given to all of them, including snacks.

Loan proceed will be used to purchase stocks for his inventory. He will be assisted by NPFC together with its partner LendAHand.

Company name	NPFC
CEO	Arcel Gempesao
Founded	2010-01-01
Location	Lapu-Lapu Cebu City
Sector	Wholesale / Retail
Turnover	€24,470.58
Employees	4

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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