Garcia E-trike Transport
Victoria is about to acquire an e-trike from Gerweiss Motors, Corp. with a loan of EUR 4,800 she can do so.
€4,800
3.00%
24 months
6 months
EUR
CurrencyAmount | €4,800 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Victoria Garcia is a native of Boracay Island, Malay Aklan together with her spouse David Sr. She is a tricycle operator a gasoline powered for 20 years, which increases the air and noise pollution. The local government unit (LGU) of Boracay, wanted to lessen it, that is why they build a partnership with Gerweiss Motors, Corp. a manufacturer of electrical tricycle or e-trike. E-trikes has bigger capacity and attractive designs that attracts more tourist, especially foreigners.
In cooperation with the LGU, Victoria will purchase an e-trike, and will name it Garcia E-trike Public Transport. At present, she has existing one driver, an out-of-school youth which she gives a percentage from the daily income. Aside from tricycle, she also has other source of income like boarding house and apartment available for lease.
Victoria is about to acquire an e-trike from Gerweiss Motors, Corp. with the help of NPFC and LendAHand.
Company name | NPFC |
CEO | Victoria Garcia |
Founded | 1995-01-01 |
Location | Boracay Aklan |
Sector | Services |
Turnover | €21,623.22 |
Employees | 1 |
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