funding gap emerging markets
Philippines

Balik-Tribo Fashion

  • NPFC
  • Local partner investment
  • + 3 other investors
  • With a loan of EUR 2,000 Michelle will be able to expand her business in tribal clothes and accessories.

    €2,000
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 hours on 8 January 2017.
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      Summary

      Michelle Pinated is a graduate of Bachelor’s Degree in Tourism.  In relation to her course she established “Balik-Tribo Fashion Accessories” promoting tribal clothes and accessories weaved and sewed by the local traditional residents and tribal people of Tabuk City, Kalinga. 

      The enterprise began in year 2011 selling accessories only.  But in 2013, Michelle started to hire local weavers and sewers giving them employment to earn for a living.  All seven employees are tribal people provided with a cash basis salary.

      A working Capital loan will be used for the production of additional inventory of the company. 

      Local partner NPFC provides a loan to Michelle that must be repaid within 12 months. 

      Company nameBalik-Tribo Fashion
      CEOMichelle Pinated
      Founded2011-01-01
      LocationTabuk City, Kalinga Apayao
      SectorWholesale / Retail
      Turnover€30,293.70
      Employees7

      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 Balik-Tribo Fashion

      Frank Fekken
      + and another
      3
      investors