Romel & Jam Beverages
With a loan of EUR 3,800 Romel can further expand his company in soft drinks and beverages on the Philippines.
€3,800
3.00%
18 months
6 months
EUR
CurrencyAmount | €3,800 |
Interest | 3.00% |
Maturity | 18 months |
Repayments | 6 months |
Currency | EUR |
Summary
Romel Ponte, from Sta. Cruz, Laguna, is married with five kids. He is a sole proprietor engaged in distribution of softdrinks and other beverages. He is currently working in a maritime industry as a ship crew, and it is his wife Jam that handles the day to day operation. It started in September 2006, when they visited a relative from Manila. The RC softdrink, was introduce to them and saw that it will be a good product to market in Sta. Cruz, Laguna. From then on, they became one of the distributors of softdrinks and beverages to sari-sari store in the nearby area.
The current number of employees is five, all are out of school youth, provided with daily salary depending on the number of cases of softdrinks sold to sari-sari stores.
Lendahand together with its local partner NPFC, will help Romel acquire working capital for business expansion.
Company name | Romel & Jam Beverages |
CEO | Romel Ponte |
Founded | 2006-01-01 |
Location | Sta. Cruz Laguna |
Sector | Wholesale / Retail |
Turnover | €54,112.45 |
Employees | 5 |
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