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funding gap emerging markets
Philippines

Estrabo Builders 3

  • NPFC
  • Invest in microfinance
  • + 12 other investors
  • With a third loan of EUR 3,800 Orlande is able to purchase additional materials for a new construction project.

    €3,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 10 October 2015.

      The project

      THIRD LOAN

      “Estrabo Builders” is solely owned by Architect Orlando Estrabo, a resident of Taytay, Rizal. Known by his friends as “Orlie”, having a business was his dream since he was young until he graduated and passed the board exam under the course of Architecture. After a two years working experience in interior designing, he decided to pursue his dreams. Estrabo Builders was established in March 1992. It is engaged in architectural designs, both interior and exterior and construction services with private companies and individuals. Architect Orlie is being assisted by his spouse Teofila in managing their family business which has been in operations for 23 years, same as the length of some of his worker’s tenure and service. His first loans at NPFC, allowed him to add two male workers, that makes it a total of 32 workers now. All are given with a weekly salary and meal. For stay-in workers, accommodation is free, while for those who are not, they are given with a transportation allowance. 

      Lendahand will provide this loan to Orlando. The first loan has been paid back fully. Architect Estrabo, will acquire purchase order loan that will allow him to hire an additional workers for his new projects.

      Company nameNPFC
      CEOOrlando Estrabo
      Founded1992-01-01
      LocationTaytay, Rizal
      SectorServices
      Turnover€151,184.56
      Employees32

      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 Estrabo Builders 3

      Poul Brands
      Ron van Eijk
      Niek de Bruijn
      A. Pronk
      Albert Stoter
      + and another
      12
      investors