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funding gap emerging markets
Philippines

TechnoXtreme 2

  • NPFC
  • Invest in microfinance
  • + 65 other investors
  • With this second loan of EUR 49,400 Allan can build a music installation in a big arena. Maturity 12 months!

    €49,400
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€49,400
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 20 days on 25 August 2015.

      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.

      Company nameNPFC
      CEOAllan Chua
      Founded2005-01-01
      LocationValenzuela City
      SectorWholesale / Retail
      Turnover€84,681.03
      Employees16

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 lives are improved

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      We have already contributed to TechnoXtreme 2

      Dieske Kruisselbrink
      Joop Singeling
      Ron van Eijk
      Aad Nootebos
      Jacques van den Bosch
      + and another
      65
      investors