funding gap emerging markets
Philippines

5 Triple A

  • NPFC
  • Local partner investment
  • + 8 other investors
  • With EUR 7,000 Marvi can distribute more franchise licenses for pizza carts and thus create 3 extra jobs.

    €7,000
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,000
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 31 December 2014.
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      Summary

      Marvi Gomez Solanoy resides at Quezon City and has a bachelor degree in Communication Arts. She is the general manager of the family holding that owns several pizza carts, a saloon, and a merchandise and hardware store. The latter has been managed by her parents for a long time now and was key for the success of the holding named 5 Triple A.

      For the pizza carts, she slowly started experimenting with franchisees. At present they have grown to 15 carts, of which 5 are managed by franchisees.

      Marvi’s brother assists her mainly in the operational side of the company. The company employs mostly out of school youths. 15 workers are currently employed and are offered minimum wages, a 13th month pay, healthcare and social security system benefits. To show their commitment to the community, they initiated the Crib Foundation last year. This organization hands out food to underprivileged children and organizes events to support them.

      Marvi dreams to have more branch and franchise in the near future. Lendahand will support Marvi together with local partner NPFC by providing a loan that will enable her to realize her dream of business expansion. The loan will be repaid in 18 months.

      Company name5 Triple A
      CEOMarvi Solanoy
      Founded2010-01-01
      LocationQuezon City
      SectorManufacturing / Production
      Turnover€166,466.62
      Employees15

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 12 people are reached

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