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funding gap emerging markets
Philippines

Angelee Store

  • NPFC
  • Invest in a Financial Institution
  • + 38 other investors
  • Mr. Albert will acquire working capital loan of EUR 22,200 to buy additional grocery supplies and stocks for both stores.

    €22,200
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€22,200
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 days on 29 October 2016.

      Summary

      Albert Yruma is an Attorney by profession. He is married to Emelita. Attorney Albert and his family lives in the province of Catarman, Northern Samar. The family owns a grocery store named as “Angelee Store” selling assorted products like fresh eggs, soap and detergent, and so many more .. The business started in 2012 with a small area and capital in Barangay Dalakit. A year after, the couple was able to expand their grocery store by adding a branch located in Barangay Kawayan. 15 (seven male / eight female) were given employment, a composition of out-of-school youth, high school graduates, and few college level.

      Albert dreams to expand its operation and add another branch.

      NPFC and LendAHand will be assisting Mr. Albert to acquire working capital loan to buy additional grocery supplies and stocks for both grocery stores. 

      Company nameAngelee Store
      CEOAlbert Yruma
      Founded2012-01-01
      LocationNorthern Catarman
      SectorWholesale / Retail
      Turnover€223,026.23
      Employees15

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 lives are improved

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      We have already contributed to Angelee Store

      Ron van Eijk
      Jan Meijberg
      Leendert Smit
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      38
      investors