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funding gap emerging markets
Philippines

Nolibeth Dried Fish

  • NPFC
  • Invest in a Financial Institution
  • + 9 other investors
  • For a upcoming congress, Marinita will need a loan of EUR 3,800 to purchase dried fish to have stocks.

    €3,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 17 hours on 7 January 2016.

      Summary

      Marinita Ungui resides in San Nicolas Proper Cebu City, Cebu. Her spouse is Nolito with whom she has three children. From childhood, she is exposed to working and used to be a working student until she graduated highschool. She worked as a sales lady in a store located at Tabo-an Public Market, until she reached maturity age and put-up her own business based from her experience. In 1996, she established “Nolibeth Dried Fish Dealer” which is engaged in wholesale and retail of Dried fish and pasalubong items. Her products are purchased from Bantayan Island, Palawan, Zamboanga, and Bohol provinces, thus creates impact for local fishermen. Items are sold in her store and some are delivered weekly to regular customers located in other Cebu Public Market. 

      The business name came from the combination of Nolito and Marinita’s nickname ‘Libith’. There are four male and two female working for her, which she provides with minimum wage that they received weekly, free food and lodging. On the upcoming International Eucharistic Congress, Marinita will join the event and will need a working capital loan to purchase dried fish to have stocks. 

      Loan will be provided by LendAHand, together with local partner NPFC. To be repaid in six months.

      Company nameNolibeth Dried Fish
      CEOMarinita Ungui
      Founded1996-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€134,460.23
      Employees6

      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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