funding gap emerging markets
Philippines

Empanada de Kaliskis

  • NPFC
  • Local partner investment
  • + 8 other investors
  • With EUR 3,800 Cristina is able to prepare her award winning culinairy business for Chistmas season.

    €3,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 29 November 2015.
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      Summary

      ‘Emfanada de Kaliskis’ was founded in 1820 by two sisters who used to cook for the Spaniards and prominent families. At that time, their empanada became famous in Malolos and its old-fashioned recipe was passed on the the next generations. It is Cristina ‘Tessie’ Luriaga that handles the business who joined her cousin Mercy in 1951.

      Even the former Philippine President considered it to be his favorite food. In continuing the family-owned recipe, Tessie has now a 40 years of actual handling the business. It was featured in different Philippine television shows, newspaper, and magazines. They have also been acknowledged by the local government by giving them ‘Culinary Heritage Award’. 

      The company employs six regular workers which are given daily salary, meals, and accommodation. Tessie will be needing additional working capital loan to purchase additional ingredients for them to accommodate more orders in preparation for the holiday season. 

      Together with local partner NPFC Lendahand will provide a loan, which has to be repaid in 12 months. 

      Company nameEmpanada de Kaliskis
      CEOCristina Luriaga
      Founded1820-01-01
      LocationMalolos Bulacan
      SectorManufacturing / Production
      Turnover€146,007.85
      Employees6

      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 people are reached

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      We have already contributed for Empanada de Kaliskis

      Leendert Smit
      Bianca Wiedenhoff-Mosterd
      + and another
      8
      investors