Jenelyn Kudkuran 2
With a loan of EUR 2,800 Jenelyn is able to purchase more coconuts to sell to her customers.
€2,800
3.00%
12 months
6 months
EUR
CurrencyAmount | €2,800 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
The project
SECOND LOAN
Jenelyn Ortonero is engaged in coconut milk and charcoal business. Coconut products are sold in her retail store and are supplied to other vendors and restaurant in different areas in Cavite and Metro Manila. She started Jenelyn Kudkuran at Pigaan ng Niog in 2000.
Coconuts are bought from farmers which provides employment and additional income for their families. While, Jenelyn has six out-of-school youth workers in her store given with complete whole day meal and a monthly basis salary.
With the help of NPFC and LendAHand Jenelyn was able to hire one additional worker that makes the present a total of six.
Her second loan to NPFC will be used to purchase more coconuts and charcoal to be sold and supplied to customers. To be repaid in 12 months.
Company name | NPFC |
CEO | Jenelyn Ortonero |
Founded | 2000-01-01 |
Location | Alfonso Cavite |
Sector | Wholesale / Retail |
Turnover | €75,062.43 |
Employees | 6 |
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