TechnoXtreme 2

With this second loan of EUR 49,400 Allan can build a music installation in a big arena. Maturity 12 months!

funding gap emerging markets
NPFC
Company
Philippines
Country

The project

SECOND LOAN

“TechnoXtreme Sports & Music Company” was established thru partnership in January 2005, and is managed by Allan Pierre Chua with present position as General Manager from Valenzuela City. It is duly registered in Securities and Exchange Commission (SEC) in the Philippines. The business is engaged in wholesale and retail of musical and sports equipment, and supplies and installs high-end speakers to different convention and concert venue. Allan also maintains its two outlets located in Cubao, Quezon City and in Manila. 

Presently, he employs 16 workers, receiving salary beyond minimum rate, and all are receiving free meal and board and lodging. He also supports charity works, home for the aged and some church activities. 

Lendahand, together with its local partner NPFC, will help Allan Chua acquire purchase order loan, to finance p.o for the completion of the installation of high-end speakers at the Philippine Arena.

NPFC

CEO
Allan Chua
Founded
2005-01-01
Location
Valenzuela City
Sector
Wholesale / Retail
Turnover
€84,681.03
Employees
16
€49,400raised
Fully funded in 20 days on 25 August 2015.
65investors
Invest in microfinance
€49,400
target
4.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

4
Jobs created
16
Lives improved