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funding gap emerging markets
Philippines

AIM Family Farm

  • NPFC
  • Invest in microfinance
  • + 28 other investors
  • Maria wants to increase export to Japan and Korea with her award winning company. With EUR 8,200 she can realize this.

    €8,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 29 days on 9 September 2014.

      The project

      Maria Monet Dayrit is a 59 year old widow of a charcoal exporter and a mother of three 3 children. She owns the AIM Family Farm which produces activated carbons made from coconut shells and rice husks. Maria's husband was in a family business of manufacturing and exporting charcoal. When her in-laws and husband died, she registered the business as AIM Family Farm in 2011.

      Carbonized rice hull is used for organic farming and coconut shell charcoal is used for soil conservation. Granulated coconut shell charcoal (known as horticular charcoal) is very effective in filtering solids, liquids and gases, a great asset in an increasingly polluted world. These products made Maria an awardee for best in charcoal research and development during the centennial anniversary of Department of Science and Technology (DOST-Phil) in 1998. Almost all of the products are being exported to Japan (the most advanced country in organic farming) and recently orders are coming in from South Korea. Maria hopes that her products will also gain interest from the United States.

      Currently, AIM Family Farm is employing 50 out of school youths. The employees together with their families enjoy free lodgings from the company. Her son, Anthony is in charge of the development of the products. AIM Family Farm will use the loan to acquire additional working capital in order to increase production.

      Company nameNPFC
      CEOMaria Dayrit
      Founded2011-01-01
      LocationSan Pablo Laguna
      SectorManufacturing / Production
      Turnover€49,803.32
      Employees50

      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 AIM Family Farm

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      28
      investors