funding gap emerging markets
Philippines

Jenelyn Kudkuran 2

  • NPFC
  • Local partner investment
  • + 2 other investors
  • With a loan of EUR 2,800 Jenelyn is able to purchase more coconuts to sell to her customers.

    €2,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 8 September 2016.
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      Summary

      SECOND LOAN

      Jenelyn Ortonero is engaged in coconut milk and charcoal business. Coconut products are sold in her retail store and are supplied to other vendors and restaurant in different areas in Cavite and Metro Manila. She started “Jenelyn Kudkuran at Pigaan ng Niog” in 2000.

      Coconuts are bought from farmers which provides employment and additional income for their families. While, Jenelyn has six out-of-school youth workers in her store given with complete whole day meal and a monthly basis salary.

      With the help of NPFC and LendAHand Jenelyn was able to hire one additional worker that makes the present a total of six.

      Her second loan to NPFC will be used to purchase more coconuts and charcoal to be sold and supplied to customers. To be repaid in 12 months. 

      Company nameJenelyn Kudkuran 2
      CEOJenelyn Ortonero
      Founded2000-01-01
      LocationAlfonso Cavite
      SectorWholesale / Retail
      Turnover€75,062.43
      Employees6

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Jenelyn Kudkuran 2

      Aad Smits
      Ron van Eijk
      + and another
      2
      investors