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funding gap emerging markets
Philippines

Ava?s Pasalubong Center

  • NPFC
  • Invest in a Financial Institution
  • + 1 other investors
  • With a loan of EUR 1,800 Eva can expand her business in 'pasalubong' and hire 1 additional employee.

    €1,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 hours on 6 February 2015.

      Summary

      Eva Minaño Cervantes is a married woman with three kids, living in Antipolo City Rizal. Since she was a kid, she and her younger sister was taught by their mother on how to make and sell pasalubong (presents such as goodies) products for over 20 years. In 2011, she decided to have her own pasalubong business and named it Ava’s Pasalubong Center, where she also makes suman and polvoron as part of the products available in their shop. Eva has four male and four female employees, provided with a weekly salary and free meal. During peak season, she employs three more employees to suffice the additional demands of her products. On holidays and Sundays, she opens her two shops for more sales and also joins out of town bazaares. Together with Lendahand’s partner NPFC is helping Eva Cervantes in acquiring additional working capital for business expansion.

      Company nameAva?s Pasalubong Center
      CEOEva Cervantes
      Founded2011-01-01
      LocationAntipolo City
      SectorWholesale / Retail
      Turnover€85,915.76
      Employees8

      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 Ava?s Pasalubong Center

      Niek de Bruijn
      Dirk Rentmeester
      Madelien van Manen
      + and another
      1
      investors