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funding gap emerging markets
Philippines

Sarol Glass&Aluminum 2

  • NPFC
  • Invest in microfinance
  • + 10 other investors
  • With a loan of EUR 3,800 Ralph will be able to buy all materials needed to finish a big project like glass.

    €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 15 hours on 5 September 2016.

      The project

      SECOND LOAN

      “Sarol Glass and Aluminum Fabricator” is owned by Mr. Ralph Bryan Sarol of Cainta, Rizal. It was inherited by Ralph in 2011, founded by his grandfather in 1980 and was passed thru generations. It does glass fabrication and aluminum, providing quality products and services to its construction and housing projects of clients.

      From his first loan, Ralph was able to hire three laborers in addition to seven, that makes the present a total of 10 workers. And 15 on-call during peak season. With minimum wage compensation.

      His new loan availment will be used to purchase materials for another line up of project with a contractor. For him to serve his clients on time, NPFC and LendAHand will help Mr. Sarol to acquire working capital loan. 

      Company nameNPFC
      CEORalph Sarol
      Founded2011-01-01
      LocationCainta, Rizal
      SectorServices
      Turnover€88,158.72
      Employees10

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

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