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funding gap emerging markets
Philippines

Miñoza Medical Clinic 2

  • NPFC
  • Invest in a Financial Institution
  • + 21 other investors
  • Nicefora will be needing a working capital loan of EUR 9,400 to purchase medicine, vaccines, and immunizations.

    €9,400
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,400
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 16 November 2016.

      Summary

      SECOND LOAN

      Nicefora Miñoza established Miñoza Medical and Lying-in Clinic in 1995 in the City of Taguig, Metro Manila. The clinic offers General Medicine, Lying-In Clinic, Pediatrics, and is open 24 hours a day. As a compliant with the Philippine Law, 20% discount is given to Senior Citizens and Persons-with-Disability (PWD), while indigent people receive free medical consultation. The medicine sold in the clinic is 40-50% cheaper than that of hospitals and the professional fee is only Php 200-250.

      Starting the business with only 3 employees, Nicefora now employs 6 regular employees and 13 part-time employees. All employees receive a bi-monthly salary with Social Security System (SSS) and Philhealth benefits. Four of the employees are given free lodging. Some of them have even been working for her for 20 years already.

      Nicefora is a graduate of Doctor of Medicine and has many years of experience as a medical practitioner, specifically in pediatrics. She is a single mother of three.

      As part of the service she provides, she will be needing a working capital loan to purchase medicine, vaccines, and immunizations. The loan will be provided by NPFC and LendAHand.

      Company nameMiñoza Medical Clinic 2
      CEONicefora Miñoza
      Founded1995-01-01
      LocationTaguig
      SectorServices
      Turnover€368,522.21
      Employees6

      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 Miñoza Medical Clinic 2

      Dirk Rentmeester
      Aad Smits
      Jan de Wit
      + and another
      21
      investors