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funding gap emerging markets
Philippines

VBA Piano Trading

  • NPFC
  • Invest in microfinance
  • + 8 other investors
  • Vicente will be needing working capital loan of EUR 5,600 to buy additional stocks of musical instruments.

    €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 11 hours on 16 November 2016.

      The project

      VBA Piano Trading & Services was established by Vicente Arias in 1995 in Angono, Rizal – the art capital of the Philippines. The business is involved in selling affordable musical instruments such as pianos, guitars and drum sets. They also offer services such as repair of instruments, music studio rental, and school music lessons. Aside from these products and services, the business also supplies to smaller music stores. They are an all-around company for musical needs.

      Vicente is well-versed in the industry from being employed in Weinstein Piano for 10 years. Currently, he employs 18 workers who rely on the business for their daily needs. They are provided with compensation, benefits, and free meals.

      For this loan, Vicente will be needing working capital to buy additional stocks of musical instruments. The loan will be furnished by NPFC.

      Company nameNPFC
      CEOVicente Arias
      Founded1995-01-01
      LocationAngono, Rizal
      SectorWholesale / Retail
      Turnover€101,355.42
      Employees18

      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 VBA Piano Trading

      Bas Kleijnen
      Aad Smits
      + and another
      8
      investors