First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Philippines

Whealthy Trading

  • NPFC
  • Invest in a Financial Institution
  • + 8 other investors
  • With a loan of EUR 3,800 Arnold is able to purchase equipment and coffee beans from local farmers.

    €3,800
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 16 November 2016.

      Summary

      Whealthy International Trading is a coffee processing business run by Arnold Melicor with his wife Tomasa in Kiangan, Ifugao Province. The name Whealthy is a combination of the words wealthy and healthy which perfectly describes the business.

      Arnold and Tomasa started planting coffee in 2005 in the land which they inherited from Tomasa’s father. At first, they were only planting coffee only to be sold to local markets, but then expanded to coffee processing in 2010 as an additional source of income. Now, they serve as a source of income for the surrounding farming communities. The business also has an outlet in Manila and distributes to pasalubong (souvenir) stores and trade fairs.

      They have 3 regular employees who have worked for them for around 5 years. The employees are provided with free lodging and meals aside from compensation.

      Arnold will need additional working capital to purchase equipment and coffee beans from the local farmers. The loan will be provided by NPFC and LendAHand. 

      Company nameWhealthy Trading
      CEOArnold Melicor
      Founded2005-01-01
      LocationKiangan, Ifugao
      SectorDistribution and Processing
      Turnover€18,441.46
      Employees3

      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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Whealthy Trading

      Steef Klarenbeek
      + and another
      8
      investors