funding gap emerging markets
Philippines

Clar and Mar Trading

  • NPFC
  • Local partner investment
  • + 12 other investors
  • With EUR 4,800 Clarisa can prepare her business for the International Eucharistic Congress beginning of 2016.

    €4,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 23 December 2015.
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      Summary

      Clarisa and Mario are couples based in Cebu province. They have a business that is engaged in wholesale and retail of dried fish and local cebuano delicacies. It was inherited by Clarisa from her parents who passed away in 1990. They named the business as “Clar and Mar Trading” which comes from the first three letters of the couple’s names. Products sold in their store are purchased from fishermen and food manufacturers from Bantayan Island, Leyte, and Zamboanga. It has proven to be productive because she was able to have regular customers where she supplies her products in Bohol province. She also accepts walk-in buyers. 

      Clarisa has six (6) regular workers, where some of them has a total of ten (10) years of tenure. All of them receives their weekly minimum wage, has statutory benefits, foods and living quarters to stay. In early 2016, the ‘51st International Eucharistic Congress’ will be held in Cebu, where Clarisa will join the event. 

      In connection with this, she will need working capital loan to purchase stocks in preparation ahead of time. To be provided by Lendahand and NPFC.

      Company nameClar and Mar Trading
      CEOClarisa Abanid
      Founded1990-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€341,648.92
      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 Clar and Mar Trading

      Arjen Kramer
      Dirk Rentmeester
      + and another
      12
      investors