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funding gap emerging markets
Philippines

NB Wood Collection 2

  • NPFC
  • Invest in microfinance
  • + 18 other investors
  • Niño Braian will be using his new acquired loan of EUR 7,400 to purchase five loads of wood materials.

    €7,400
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,400
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 22 October 2016.

      The project

      Notes: Second loan.

      1st loan is now closed / fully paid.

      Niño Braian Limpin continued their family business in 2010. The company was named as “NB Wood Collection”, specializes in wooden pillars, wall shelf, bed, chairs, table, cabinest, boxes, and other wooden related products. Some raw materials used are from recycled materials sunch as tangile and yakal. The business operates in the municipality of Calumpit in the province of Bulacan. The business was originally founded by Niño’s father and since it is already operating for 30 years, they already have established good and regular clients and is also into exporting.

      From his first loan to NPFC, Niño has added 10 additional workers that make his present employee to 40 individuals.

      Niño Braian will be using his new acquired loan to purchase five loads of wood materials in preparation for the production demand. Ber month is considered as their peak season.

      Company nameNPFC
      CEONino Limpin
      Founded2010-01-01
      LocationCalumpit Bulacan
      SectorManufacturing / Production
      Turnover€240,431.06
      Employees40

      Impact

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

      • With this investment 5 jobs are created
      • With this investment 20 lives are improved

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      We have already contributed to NB Wood Collection 2

      Marco van der Ploeg
      Gert Mosterd
      Jaap Boersema
      Niek de Bruijn
      + and another
      18
      investors