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funding gap emerging markets
Philippines

ASLAN Eduforum 2

  • NPFC
  • Invest in microfinance
  • + 10 other investors
  • With a loan of EUR 5,600 Ann is able to meet a purchase order and import more books for children.

    €5,600
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,600
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 17 hours on 8 November 2016.

      The project

      SECOND LOAN

      ASLAN EDUFORUM, INC. is an education-inclined family-owned business based in Mandaluyong City, Philippines. It was established and registered as a corporation on July 2013 under Ann Margaret Suh as company president. Their vision is to provide quality education to every Filipino learner - in both urban and rural areas.

      Apart from importing and distributing books from Korea, Aslan Eduforum, Inc. also believes in providing new innovative ways of learning through multimedia tools. They are the sole distributor of Kids Brown 2.0 – the first curriculum-based educational tablet in the Philippines.

      Ann Margaret, the company president, is married to a Korean national, is a mother of two, and is a teacher by profession. The company is named after one of her children. She employs four workers and five agents who receive daily meal allowances, bonuses, and commissions, aside from compensation.

      ASLAN EDUFORUM, Inc. will be needing a working capital loan to meet a purchase order specifically for the Kids Brown 2.0. This is their 2nd loan and will be provided by NPFC and LendAHand.

      Company nameNPFC
      CEOAnn Margaret Suh
      Founded2013-01-01
      LocationMandaluyong
      SectorDistribution and Processing
      Turnover€56,049.20
      Employees9

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to ASLAN Eduforum 2

      Jan de Wit
      Martijn Kistemaker
      + and another
      10
      investors