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funding gap emerging markets
Philippines

TechnoXtreme 3

  • NPFC
  • Invest in microfinance
  • + 23 other investors
  • With the newly receive purchase order from their client, TechnoXtreme needs working capital loan of EUR 9,600

    €9,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 14 July 2016.

      The project

      “TechnoXtreme Sports & Music Company” was founded in January 2005 in Valenzuela City, Metro Manila. It is a partnership between Allan Chua and Ma. Cristina Ong. Allan Chua is the General Manager, who also represents the company. TechnoXtreme sells musical and sports equipment, and provides services thru installation and repair of high-end speakers used for convention and concert venue. They also lend materials for television networks.

      From their first loan, they were able to maintain their 16 existing staffs and added four on-call workers. They have been continuously providing a competitive salary, snacks, and living quarters for them.

      With the newly receive purchase order from their client, TechnoXtreme needs working capital to finance the materials. They will be assisted by NPFC and LendAHand. To be repaid in 12 months.

      Company nameNPFC
      CEOAllan Chua
      Founded2005-01-01
      LocationValenzuela City
      SectorServices
      Turnover€189,810.44
      Employees16

      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 TechnoXtreme 3

      Erik Hamelink
      + and another
      23
      investors