funding gap emerging markets
Philippines

Multi Circle Trading

  • NPFC
  • Local partner investment
  • + 14 other investors
  • Due to the enormous increase in demand of wooden and steel cabinets, Jose needs a second loan of EUR 6,600.

    €6,600
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,600
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 days on 26 October 2014.
      Choose amount
      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Due to the fast growth in demand for Multi Circle Trading's product offering, mainly wooden and steal cabinets used in offices, the company applied for a second loan at our local partner NPFC. As the company has proved to be a trustworthy client has history of repaying on time and in full, the second loan is to be granted. 

      Jose Romulo Dedel Briones is the 37 year old owner of Multi Circle Trading Company. Before starting his own business, he was a sales and operations manager at several companies. MCTC manufactures cabinets for offices active in the entire Philippines. In stead of being called boss or chief by his employees, he likes to be called JR. Currently, 17 employees work for Jose and the prospects of 2 more joining the force are very likely after receiving this loan.

      Lendahand and its local partner NPFC will grant this loan to Jose, payable in 6 months, for him to be able to comply to the increasing demand for his products.

      Company nameMulti Circle Trading
      CEOJose Briones
      Founded2010-01-01
      LocationAntipolo City
      SectorManufacturing / Production
      Turnover€147,213.45
      Employees17

      Impact

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

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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed for Multi Circle Trading

      Hajé van Egmond
      + and another
      14
      investors