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funding gap emerging markets
Philippines

Louie's Taho

  • NPFC
  • Invest in a Financial Institution
  • + 9 other investors
  • €2,400
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,400
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 46 days on 15 March 2014.

      Summary

      Wendy Tan is a 56 year old mother of 4 and was an Overseas Filipino Worker (OFW) in Taiwan at a factory manufacturing Cellphone Keypads. And having to grew up with her father's Taho Business, Wendy thought to start her own Taho Business as her bread and butter. 

      Wendy started Louie's Taho (named after her grandson)15 years ago in 1999 manufacturing Taho - a Philippine snack food made of fresh soft/silken soya beancurd served with arnibal (sweetener and flavoring), and sago pearl (similar to tapioca pearls).

      Wendy now employs five (5) workers processing Taho and thirty eight (35) vendors peddling around the cities of Marikina and Pasig. Her business has been generating livelihood for families belonging to marginal Sector of society where majority are Out of School Youths. She gives financial assistance to cover hospital expenses of her workers and regularly dole out her taho to some hospital patients.

      Lendahand partners NPFC are helping Louie's Taho to get more raw materials to boost up production and support for incoming orders by giving a P150,000.00 working capital loan payable in 12 months.

      Company nameLouie's Taho
      CEOWendy Tan
      Founded1999-01-01
      LocationMarikina City
      SectorManufacturing / Production
      Turnover€107,490.18
      Employees5

      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 Louie's Taho

      Wouter Balm
      Cees van Iperen
      + and another
      9
      investors