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funding gap emerging markets
Philippines

Grace and Truth College

  • NPFC
  • Invest in a Financial Institution
  • + 1 other investors
  • With EUR 5,000 Rowena can certify her school in Laguna even better and subsequently educate more students.

    €5,000
    Amount
    4.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,000
    Interest4.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 19 hours on 25 September 2014.

      Summary

      Rowena Peñalosa is a thirty eight (38) year old mother of three (3) and the president of Grace and Truth Christian College of Laguna, Inc. Grace and Truth Christian College of Laguna, Inc. started in 1965 by American missionaries Citizen Knox and his wife Cecilia Knox. The christian school started with nine (9) pupils. When the missionaries left the country and the school, they left the management of the school to Wheng's father. And in 2011, the school management and operations went to Wheng as president.

      With twenty-nine (29) years of its operation, the most prevaling problem the school encounters were financially related. However, the school gave scholars for those indigent students and can maintain their good grades.

      Currently, Wheng's father is the vice-president, her husband as the treasurer, and her mother as the secretary of the school. The school employs twenty-eight (28) employees where twenty-two (22) are females. With full benefits of Social Security System, Philhealth (healthcard) and Pag-ibig (Home Development Mutual Fund).

      Wheng hopes to maintain the good reputation of the school and help more students.

      Lendahand partner’s NPFC is helping Grace and Truth Christian College of Laguna, Inc. in acquiring additional working capital for being K12+1 compliant of the Department of Education, Philippines.

      Company nameGrace and Truth College
      CEORowena Peñalosa
      Founded1985-01-01
      LocationSan Pablo Laguna
      SectorServices
      Turnover€109,385.88
      Employees28

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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