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funding gap emerging markets
Philippines

Pro-Lyn Junkshop

  • NPFC
  • Invest in microfinance
  • + 14 other investors
  • With a loan of EUR 8,400 Prolly is able to dismantle an old shipping vessle for his junk shop (+3 jobs).

    €8,400
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,400
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 23 May 2016.

      The project

      From his young age, Prolly Bolo used to work from his brother’s junk shop while studying. From the experience he gained, he was able to save money which he used as starting capital to start his own business. His business is not a typical junkshop. What he does is buying and selling of metals from industrial companies, old ships, vessels, and structures. 

      He has 10 regular workers which are provided with competitive compensation, allowance for meal and lodging too.

      Recently, he bought an old shipping vessels which he will need an additional fund for him to hire more individuals, his on-call workers, that will do dismantling of ship and buy materials needed. The loan must be repaid in 18 months. 

      Company nameNPFC
      CEOProlly Bolo
      Founded2006-01-01
      LocationCaloocan City
      SectorWholesale / Retail
      Turnover€62,714.06
      Employees10

      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 Pro-Lyn Junkshop

      Poul Brands
      + and another
      14
      investors