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funding gap emerging markets
Colombia

Panela Castañeda

  • Eclof Colombia
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 6.800 Jorge has working capital to expand his production capacity of panela.

    €6,800
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,800
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 24 December 2015.

      The project

      Mr. Jorge Castaneda and his wife are engaged in the production and marketing of panela, a product extracted from sugar cane. His sales are mainly conducted at the Agrotrebol Association. 

      He generates two jobs and credit resources are aimed at working capital to expand his production capacity.

      Lendahand will provide this loan to Jorge together with local partner Eclof. The loan has to be repaid in 36 months.

      Company nameEclof Colombia
      CEOJorge Castañeda
      Founded1995-01-01
      LocationGuaduas, Cundinamarca
      SectorDistribution and Processing
      Turnover€66,022.09
      Employees2

      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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