funding gap emerging markets
Philippines

Vangie?s Wood

  • NPFC
  • Local partner investment
  • + 14 other investors
  • Loan of EUR 5,800 will be used to purchase Yakal and Tangile which are part of the raw materials.

    €5,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 12 hours on 23 April 2016.
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      Summary

      Evangeline Manalo and her family originated in the province of Pangasinan. She is the youngest among the siblings. Her family started a furniture business in 1998, where she handled after graduating from college. In 2012, its ownership was transferred to her and named it “Vangie’s Wood Manufacturing Services”.

      They do Bed, Chairs, Table, Cabinet, Trays, Wine holder, which are all made out of wood. Vangie supplies her product both local and international.

      As of today, she has three girls and 19 boys employed, which are provided with weekly salary and snacks.

      Loan proceeds will be used to purchase Yakal and Tangile which are part of the raw materials for manufacturing products. 

      Company nameVangie?s Wood
      CEOEvangeline Manalo
      Founded1998-01-01
      LocationParanaque City
      SectorManufacturing / Production
      Turnover€97,766.86
      Employees22

      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 Vangie?s Wood

      Niek de Bruijn
      + and another
      14
      investors