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funding gap emerging markets
Philippines

Nellie Sarol Meat Shop

  • NPFC
  • Invest in a Financial Institution
  • + 3 other investors
  • Working capital loan of EUR 3,800 will be provided to purchase mechanical dressed meat plus spices.

    €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 14 hours on 6 January 2017.

      Summary

      Nellie Sarol is married to Eduardo. In 1985, right after their marriage, the spouses started a meat shop business and name it “N. Sarol Meat Shop and Frozen Product”. Today, in Dagupan Public Market, Tabuk City, Kalinga, they are presently maintaining two stalls; one for dressed meat (chicken, pork, and beef), and the other is for frozen goods.

      The Department of Science and Technology (DOST) has extended their assistance to Nellie through seminars, trainings, and machineries needed for product innovation by making a frozen food processing.   They are processing different variants of Tabuk Longganisa; spicy, garlic, and skinless, thus promotes local product of Kalinga.

      Meals and weekly salary are given to their 15 workers who are all natives of Tabuk.

      Working capital will be provided by NPFC and LAH to purchase 3,000 kgs. Of mechanical dressed meat plus spices and packaging for their product.

       

      Company nameNellie Sarol Meat Shop
      CEONellie Sarol
      Founded1985-01-01
      LocationTabuk City Kalinga Apayao
      SectorManufacturing / Production
      Turnover€146,983.10
      Employees15

      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 Nellie Sarol Meat Shop

      Huub Huijsmans
      Aad Smits
      Mike Bosman
      + and another
      3
      investors