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funding gap emerging markets
Philippines

Arlyn meatshop

  • NPFC
  • Invest in microfinance
  • + 5 other investors
  • With EUR 1,600 Arlyn can prepare her business for the upcoming high season and purchase sufficient meat.

    €1,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 10 days on 19 October 2014.

      The project

      While studying, Ms. Tapel also worked as vendor in her sibling’s business. She later on worked as a cashier in a local mall, but realized that she won’t earn enough if she continues as an employee. From her small savings, she started her business (selling processed meat products). With her business, even as a single mom, she was able to support her family. From 2 workers, she now hires 6 employees. She caters to several canteens and restaurants. The upcoming holiday season increases the demand of her products and she borrowed from NPFC to augment her capital for the increasing orders.
      Company nameNPFC
      CEOArlyn Tapel
      Founded2004-01-01
      LocationSampaloc Manila
      SectorManufacturing / Production
      Turnover€39,559.14
      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 Arlyn meatshop

      Joop Singeling
      + and another
      5
      investors