PhilippinesPrince Ziljan Merchandise 2
With a loan of EUR 2,000 Raquel will be able to buy new materials and increase her production of traditional biscuits.
€2,000
3.50%
12 months
6 months
EUR
Currency| Amount | €2,000 |
| Interest | 3.50% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
The project
2nd LOAN
Founded in 2004, “Prince Ziljan General Merchandise” is operating in Caloocan City, Metro Manila. The enterprise makes ‘Puto Seko’ or Dry Puto (in the form of a dry biscuit), made out of eggs, powdered milk, and other ingredients that makes it delicious. Puto Seko is best eaten together with a hot coffee. She is also assorted bread and peanut butter trading which began long before she started her puto seko making.
The company is solely owned by Mrs. Raquel Malubay, a widow and a mother of four children.
Raquel will be needing a working capital loan to purchase raw materials for the new batch of her production to be supplied to her regular customers.
Mrs. Malubay is one of the successful graduate of the Lendahand Academy given by Lendahand and NPFC. This is the second loan that NPFC is providing to Raquel through the Lendahand-platform.
Local partner NPFC provides this loan to Raquel and it must be repaid within 12 months.
| Company name | NPFC |
| CEO | Raquel Malubay |
| Founded | 2004-01-01 |
| Location | Caloocan City |
| Sector | Manufacturing / Production |
| Turnover | €150,263.76 |
| Employees | 8 |
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