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funding gap emerging markets
Philippines

Jay Air

  • NPFC
  • Invest in a Financial Institution
  • + 13 other investors
  • With EUR 2,800 Angelito will be able to expand his business in repair services for air-condition and cars.

    €2,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 13 March 2016.

      Summary

      Angelito Ricamata Jr. from Quezon City is a graduate of a vocational course of air-conditioning and refrigeration. In 2008, together with his brother, they decided to put-up their own business, named “Jay Air” , in-line with their family business, providing window type, split-type, and all types of air-condition services, but mostly repair services for both air-condition and car. 

      At first, the business has two workers, Angelito and his brother, but later on, because of its growth, he was able to hire five skilled workers, composed of four male and one female. 

      Lendahand and its local partner NPFC, Angelito will be provided by a working capital loan which he will used for further business expansion.

      Company nameJay Air
      CEOAngelito Jr. Ricamata
      Founded2008-01-01
      LocationSta. Cruz Manila
      SectorServices
      Turnover€171,106.78
      Employees5

      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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