funding gap emerging markets
Philippines

Sewing Machine Repair

  • NPFC
  • Local partner investment
  • + 7 other investors
  • With a loan of EUR 2,600 Joventino can expand his shop in spare parts and modernize his repair shop.

    €2,600
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 24 January 2015.
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      Based on all Lendahand historical investments
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      Summary

      From an employee to a businessman, Joventino Vista started his business in 2003. He named his business from his own as J. Vista Sewing Machine Repair Shop. He started his business from one reconstructed sewing machine. Soon after, he was known for repairing sewing machines. At present, he receives bulk orders and supplies in different areas locally. From their own capital, they were also able to add sewing machine spare parts which is being sold in their shop. With current two male and one female workers with a fix rate salary and free snacks. He also helps the community by joining in feeding programs within their barangay. Together with Lendahand’s partner NPFC is helping Joventino Vista in acquiring additional working capital for business expansion.
      Company nameSewing Machine Repair
      CEOJoventino Vista
      Founded2003-01-01
      LocationDasmarinas Cavite
      SectorServices
      Turnover€33,678.65
      Employees3

      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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