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funding gap emerging markets
Philippines

AIM Family Farm 2

  • NPFC
  • Invest in microfinance
  • + 17 other investors
  • With EUR 17,400 Maria can professionalize the purchase of materials and will be able to grow. Maturity 6 months.

    €17,400
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€17,400
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 7 days on 30 December 2014.

      The project

      Second loan!

      Maria Monet Dayrit is a widow from San Pablo Laguna. She owns the AIM family farm that makes charcoal which is made from coconut shell and carbonized rice hull that makes her product environmental friendly. The business started in 1967 that is now 47 years of operation. She continue learning to manage the business as her spouse died ten years ago, that makes her incharge in over all operation. Coconut shell charcoal and carbonized rice hull is sold in nearby provinces and are exported to Japan, Taiwan and Korea. She employs 30 workers, mostly out of school youth with housewives providing them with free lodging and a competitive salary. Her first loan in NPFC was working capital for generating additional labor. And now having a new loan for purchasing of raw materials and additional labor. Lendahand’s partner NPFC is helping Maria Monet Dayrit in acquiring additional raw materials to boost the production.

      Company nameNPFC
      CEOMaria Dayrit
      Founded2011-01-01
      LocationSan Pablo Laguna
      SectorManufacturing / Production
      Turnover€53,183.91
      Employees30

      Impact

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

      • With this investment 6 jobs are created
      • With this investment 24 lives are improved

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      We have already contributed to AIM Family Farm 2

      Rens de Jong
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      17
      investors