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funding gap emerging markets
Philippines

Kobe Marketing

  • NPFC
  • Invest in a Financial Institution
  • + 13 other investors
  • With a loan of EUR 6,000 Deogracias can increase his stock of motor parts and also hire 1 extra employee.

    €6,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 5 August 2015.

      Summary

      Pililla is a first class urban municipality in the province of Rizal, Philippines. It is known as the ‘Green Field’ municipality of Rizal and a destination by road cyclists because of its asphalted road. Deogracias Tamondong a resident of Pililla, had thought of establishing a business related to road travellers. “Kobe Marketing” was established in 2006, engaged in selling of motorcycle parts and accessories. His knowledge came from the company he worked from and started with a borrowed capital from his in-laws. Considering the competition, Deogracias offers a lower price for his products and a free-of-charge installation, attracting customers from nearby town like Binangonan and Cardona. With its continuous growth, he was able to put up a branch in Morong, Rizal. 

      Currently, he employs a total of 15 workers, provided with a daily salary and receives Philhealth and Social Security System (SSS) benefits. Most of his workers are male, were eight of them are mechanics. Majority of his workers’ average tenure are as the same as when he started his business. 

      Lendahand and local partner NPFC, will provide a loan to Deogracias to purchase additional motorcycle parts and accessories. He can also generate employment for those unemployed individuals within the community of Pililla. The loan will be repaid in 6 months.

      Company nameKobe Marketing
      CEODeogracias Tomondong
      Founded2006-01-01
      LocationPililia,Rizal
      SectorWholesale / Retail
      Turnover€118,200.24
      Employees15

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Kobe Marketing

      Moniek van den Berg
      + and another
      13
      investors