funding gap emerging markets
Philippines

Cocoline Cocoshell

  • NPFC
  • Local partner investment
  • + 12 other investors
  • With EUR 4,600 Jerome can purchase a delivery truck to speed up his logistics in providing orders of clients.

    €4,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 7 days on 7 October 2014.
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      Average investment
      Based on all Lendahand historical investments
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      Project will be fully funded

      Summary

      5 years ago, Jerome started his business “Coco Shell and Coco Pulp” following the advice of his cousin who is working in an oil company that he establish this business to support his schooling since he was still pursuing his course in College. The product he distributes is being used as charcoal in refineries and other manufacturing companies. With his desire to finish his studies and help workers, his business grew and now has 3 big clients in the Philippines. The numbers of his employees also grew from 3 to 10 personnel. As his way of gratitude to his very loyal and dedicated employees, he provides free meals which include breakfast, snacks, lunch and dinner plus free lodging for them. NPFC has provided additional funds to for him to meet his bulk orders and purchase delivery truck which will speed up his logistics in providing the orders of his clients.
      Company nameCocoline Cocoshell
      CEOJerome Careso
      Founded2009-01-01
      LocationCaloocan City
      SectorWholesale / Retail
      Turnover€91,545.15
      Employees10

      Impact

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

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

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      We have already contributed for Cocoline Cocoshell

      Jan de Wit
      + and another
      12
      investors