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funding gap emerging markets
Philippines

Genrev Meat Products

  • NPFC
  • Invest in microfinance
  • + 21 other investors
  • With EUR 3,800 we'll enable Pedro to tap into new customer markets in Manila in order to grow his company.

    €3,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 27 February 2015.

      The project

      Pedro Consignado known by his friends as “ Ka Peter”, is into Meat processing since 2006. The business was named Genrev Home made meat products, which is the combination of his two sons names Genesis and Revjlab. Peter was into this business from the time he stopped from schooling. He started as a wholesaler of local products to canteen owners then eventually grew into meat processing. Meat processing was first introduced by a friend, where he has a continuous operation for over eight years now. From Nagcarlan Laguna he is now supplying in Cavite, Laguna, Rizal, Batangas and Quezon. Peter has currently twelve male and twenty female workers, with weekly salary rate and sss contribution as benefit. For his female worker with children, he gives the benefit of having a preferred working schedule in a day. Peter has done a community service, where feeding program is included in the activity. NPFC together with LendAHand will help Pedro Consignado in acquiring additional working capital to employ more workers and to tap other wet markets in Rizal, Philippines as one of his direct market in the near future.

      Company nameNPFC
      CEOPedro Consignado
      Founded2006-01-01
      LocationNagcarlan, Laguna
      SectorDistribution and Processing
      Turnover€171,357.09
      Employees32

      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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