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funding gap emerging markets
Philippines

Romachem Enterprises 2

  • NPFC
  • Invest in microfinance
  • + 9 other investors
  • Cecil needs a working capital loan of EUR 3,800 to purchase raw materials. She dreams her business to expand,

    €3,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 hours on 30 June 2016.

      The project

      SECOND LOAN

      Cecilyn Perez is married to Mark from Quezon City who are both chemists by profession. They started in 2000 making high level performance lubricants and preventive maintenance chemicals, but later in 2004 formed the personal care division, where perfumes of different scents for men and women and skin aromatics has been launched. The business name “Romachem Enterprises” was registered under Department of Trade and Industry (DTI) in the first quarter of 2001.

      Cecil and Mark continuously make research and studies for better improvement of their products. As of now, they offer around 28 different scents of perfume, hair grower, hand sanitizer, others. Six are regularly employed and 10 on-call workers are working for Cecilyn, she provides them with competitive salary and lodging.

      They need a working capital loan to purchase raw materials. Cecilyn dreams her business to expand, she recently join an online marketing platform to maximize her market. 

      Company nameNPFC
      CEOCecilyn Perez
      Founded2000-01-01
      LocationQuezon City
      SectorManufacturing / Production
      Turnover€183,594.37
      Employees16

      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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