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funding gap emerging markets
Philippines

Ferbel Auto Supply

  • NPFC
  • Invest in a Financial Institution
  • + 3 other investors
  • EUR 3,200 offers Delia the opportunity to accomplish her goals by opening a new Ferbal Auto Supply store.

    €3,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 31 October 2014.

      Summary

      Delia Beltran is a mother of 2 and worked as a controller at the Agriculture Center for 7 years. She resigned when she got married to Fernando Beltran. Delia with her entrepreneurial mindset started to trade in fruit and vegetables thirteen years ago. When her cousin told Delia that the auto supply shop where she worked was about to close since the owner could no longer comply his clients’ wishes, Delia bought the auto supply shop from her own savings.

      On the 10th of June 2003, Delia opened the doors of Ferbel Auto Supply. Her cousin remind hired and was promoted as the purchasing manager and her husband as the operations manager. In 2011, Ferbel Auto Supply opened another branch in the Ifugao region and had promoted her cousin again, but this time as the manager of the new store. Ferbel Auto Supply still employs the 7 original workers consisting of 5 males and 2 females. Delia hopes to open more branches of auto supply stores and to increase its employee base as a result.

      Lendahand and its local partner NPFC supports Delia in her aspirations to open yet another Ferbal Auto Supply store by providing a loan, which will be repaid in 12 months. 

      Company nameFerbel Auto Supply
      CEODelia Beltran
      Founded2003-01-01
      LocationCaloocan City
      SectorWholesale / Retail
      Turnover€54,551.27
      Employees7

      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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