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funding gap emerging markets
Philippines

Kulit?s Suman Store

  • NPFC
  • Invest in microfinance
  • + 3 other investors
  • With a loan of EUR 2.000 Jhonalyn can purchase more ingredients for her snackshop in Pasalubong.

    €2,000
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 13 June 2015.

      The project

      Jhonalyn Dacillo is engaged in making and selling of suman (rice cake), kasoy (cashew), polvoron (Polvoron is a semi-sweet concoction made of toasted flour, powdered milk, sugar and butter considered as a snack in the Philippines.), and other delicacies for 25 years now. She has a stall in Pasalubong Center which she named “Kulit’s Suman and Kasoy Store”. She is also active in joining bazaars and fiestas in different provinces both in North and South provinces of Luzon. 

      At first, Jhonalyn is alone in managing her business, but later on she was able to generate three workers in a rural area of Antipolo City, Rizal. 

      Lendahand together with its partner NPFC, Jhonalyn will be able to acquire working capital to purchase additional products for the peak season in Rizal and to join more bazaars for the rest of the year.

      Company nameNPFC
      CEOJhonalyn Dacillo
      Founded1990-01-01
      LocationAntipolo, City
      SectorWholesale / Retail
      Turnover€57,992.51
      Employees3

      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 Kulit?s Suman Store

      Moniek van den Berg
      + and another
      3
      investors