funding gap emerging markets
Philippines

Mark and Raquel Yema

  • NPFC
  • Local partner investment
  • + 1 other investors
  • With a loan of EUR 1,800 Raquel can open a second branch outside Bulacan and therefore creates 1 job.

    €1,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 12 January 2015.
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      Summary

      Mark and Raquel Yema of Bulacan is owned by Raquel Sagala. Established since 1999, yema business is now on its 15 years of operation assisted by his spouse in operation. They started making yema (sweet made from yolk and sugar) when she got pregnant and stopped from working. Products were first sold at school, then to “sari-sari” store (small stores selling items per piece) around area, and eventually became the supplier of different markets around Bulacan. Supplying of yema products is not limited to “sari-sari” stores or markets but also in a resorts every summer in the same area. Raquel employs six female workers, all housewives provided with Philhealth benefit and a salary that depends on production. For seven years continuously, she supports school feeding program for the kids. Raquel and her spouse wanted to have expansion and soon to have branch outside Bulacan. Together with Lendahand’s partner NPFC is helping Raquel Sagala in acquiring additional working capital for business expansion.

      Company nameMark and Raquel Yema
      CEORaquel Sagala
      Founded1999-01-01
      LocationBocaue Bulacan
      SectorManufacturing / Production
      Turnover€26,192.79
      Employees6

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 people are reached

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      We have already contributed for Mark and Raquel Yema

      Ton Schroer
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