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funding gap emerging markets
Philippines

Nolibeth Dried Fish 2

  • NPFC
  • Invest in a Financial Institution
  • + 9 other investors
  • Loan of EUR 9,600 will be use to purchase dried fish for additional inventory in preparation for the rainy season.

    €9,600
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,600
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 11 July 2016.

      Summary

      SECOND LOAN

      Marinita Ungui is a resident of Cebu province. She is married to Nolito who is also her partner in managing their business engaged in wholesale / retail of dried fish and pasalubong items. They named it “Nolibeth Dried Fish Dealer” which started in 1996, located in the market of Tabo-an. Items are purchased from fishermen within nearby provinces in the Philippines, were fishing is the number one source of income. Thus, creates direct assistance to them.

      From her first loan, she was able to maintain her six workers, providing snacks aside from weekly salary.

      Proceeds of loan will be use to purchase dried fish for additional inventory in preparation for the rainy season. 

      Company nameNolibeth Dried Fish 2
      CEOMarinita Ungui
      Founded1996-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€148,609.77
      Employees6

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Nolibeth Dried Fish 2

      Marlies Witteveen
      Derkjan van Veen
      Menne Glas
      Niek de Bruijn
      + and another
      9
      investors