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funding gap emerging markets
Philippines

Tacumba Enterprises

  • NPFC
  • Invest in microfinance
  • + 16 other investors
  • Charlene sells construction materials on an isle. To expand she needs EUR 7,600.

    €7,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 26 days on 26 July 2014.

      The project

      Charlene Tacumba,a thirty nine (39) year old owner of Tacumba Enterprises which mainly focus on housing and construction materials for its major market in one of the municipalities in Bohol. She grew up on a family which is mostly engaged into business and it influenced her to pursue Commerce course in college. She also became a SK (Sangguniang Kabataan) Chairwoman for 9 years and a business woman for more than ten (10) years. Together with her husband Joselito, she decided to put up a grocery store and acquired a number of passenger jeepney when they were still residing on the mainland, but they noticed that the competition was rapidly increasing and the business was not that profitable anymore. The couple agreed to leave the mainland and transferred to an island in Bohol where they saw a big potential for business. On that island, Charlene and Joselito started to have a hardware business wherein there is no other supplier of housing, construction, electrical and fishing materials but them. There is no threat of competition on that place but a window to expand more and address the increasing needs of the market which the business has penetrated. Being the owner of the only hardware on that municipality and is enjoying a free ownership of the market, Charlene is also sharing her blessings by employing her neighbors which which now grow to 14 workers. Lendahand’s partner NPFC supported Tacumba Enterprises by providing additional working capital for the expansion of the business and other equipment for more efficient operations.
      Company nameNPFC
      CEOCharlene Tacumba
      Founded2011-01-01
      LocationBohol
      SectorWholesale / Retail
      Turnover€164,229.23
      Employees14

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

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      We have already contributed to Tacumba Enterprises

      Jan de Wit
      Gert Mosterd
      Hajé van Egmond
      Dieske Kruisselbrink
      + and another
      16
      investors