funding gap emerging markets
Philippines

Chingah RTW

  • NPFC
  • Local partner investment
  • + 3 other investors
  • With EUR 1,800 Benito is able to buy sufficient textile in order to meet the demand for his work- and school uniforms.

    €1,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 12 hours on 26 May 2016.
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      Summary

      Though he studied Electrical Engineering, Benito Garcia from Taytay Rizal still pursued the garments business where he was exposed to from childhood. In 2001, he established “Chingah RTW Sub-Contractor” where he manufacturers office and school uniforms being sold in his three stalls and distributes to customers. 

      His workers are five mothers that serves as her sewers and seven sub-contractors. Their salary are piece rate based.

      Loan proceed is for textile that he needs to buy for the continuous production. To be provided by LendAhand and NPFC. Must be repaid in 12 months. 

      Company nameChingah RTW
      CEOBenito Garcia
      Founded2001-01-01
      LocationTaytay, Rizal
      SectorManufacturing / Production
      Turnover€32,128.51
      Employees5

      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 Chingah RTW

      Jan de Wit
      + and another
      3
      investors