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funding gap emerging markets
Philippines

Nolibeth Dried Fish 3

  • NPFC
  • Invest in a Financial Institution
  • + 15 other investors
  • With EUR 9,400 Marinita can purchase a large volume of Dried Fish for the preparation of the ‘Sinulog Festival 2017’.

    €9,400
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,400
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 17 hours on 23 December 2016.

      Summary

       Third loan

      “Nolibeth Dried Fish Dealer” is located in Tabo-an Public Market, Cebu Province.  In 1996, the business was started by husband and wife, Nolito and Marinita Ungui.  They sell different dried fish catched by local fishermen and dried by driedfish maker from rural areas / small island in Cebu.  They also sell pasalubong items like, otap, dried mangoes, chicharon, and other pasalubong items locally made in the Philippines.

      ‘Taboan Public Market in Cebu is considered the Best place to find Danggit or Salted, Sun-Dried Rabbitfish and other local dried fish in a reasonable price”

      From their first two loans, Marinita was able to maintain their six workers (three female and three male) with regular weekly salary and free snacks.  For her new acquired loan she will be able to hire one additional staff for the upcoming event. 

      NPFC and LAH will be providing a working capital loan to Mrs. Marinita Ungui to purchase a large volume of Dried Fish for the preparation for the upcoming ‘Sinulog Festival 2017’.

      Company nameNolibeth Dried Fish 3
      CEOMarinita Ungui
      Founded1996-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€151,200.15
      Employees6

      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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      We have already contributed to Nolibeth Dried Fish 3

      Ron van Eijk
      Aad Smits
      Mike Bosman
      Annelies Braakman
      Jan Meijberg
      + and another
      15
      investors