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funding gap emerging markets
Philippines

Mark and Raquel Yema 2

  • NPFC
  • Invest in microfinance
  • + 7 other investors
  • With a second loan of EUR 2,000 Raquel can further expand her company selling yema. 1 extra job!

    €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 16 hours on 28 July 2015.

      The project

      SECOND LOAN

      Mark and Raquel Yema of Bulacan is owned by Raquel Sagala. Established since 1999, yema business is now on its 15 years of operation assisted by his spouse in operation. They started making yema (sweet made from yolk and sugar) when she got pregnant and stopped from working. Products were first sold at school, then to “sari-sari” store (small stores selling items per piece) around area, and eventually became the supplier of different markets around Bulacan. Supplying of yema products is not limited to “sari-sari” stores or markets but also in a resorts every summer in the same area. 

      Raquel employs 8 female workers, all housewives provided with Philhealth benefit and a salary that depends on production. For seven years continuously, she supports school feeding program for the kids.

      Lendahand and its partner NPFC help Raquel Sagala in acquiring additional working capital for business expansion.

      Company nameNPFC
      CEORaquel Sagala
      Founded1999-01-01
      LocationBocaue Bulacan
      SectorManufacturing / Production
      Turnover€24,969.74
      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 Mark and Raquel Yema 2

      Corné de Haas
      Bas Kleijnen
      + and another
      7
      investors