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funding gap emerging markets
Colombia

Comercio Papa Cifuentes

  • Eclof Colombia
  • Invest in microfinance
  • + 53 other investors
  • With a loan of EUR 22,600 Yuber is able to purchase another farm to expand his business of growing en selling potatoes.

    €22,600
    Amount
    4.25%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€22,600
    Interest4.25%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 26 July 2017.

      The project

      Mr. Yuber Cifuentes is engaged in the wholesale marketing of potatoes of different varieties. He sells the products in the central of supplies of Bogota, he has two point of sales of his property. His family is dedicated to potato crops in Boyacá, they have several farms of their property where they cultivate the products that he commercializes in Bogota. 

      He applies for credit for investment in fixed assets, in the acquisition of another farm to continue expanding potato crops with his family.

      Local partner Elcof will provide the loan, which will have to be repaid in 48 months. 

      Company nameEclof Colombia
      CEOYuber Cifuentes
      Founded1990-01-01
      LocationBogota
      SectorWholesale / Retail
      Turnover€221,779.92
      Employees14

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 lives are improved

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      We have already contributed to Comercio Papa Cifuentes

      Marlies Witteveen
      J. Huisman
      A. Pronk
      Ria Meyaard
      Eric Coomans
      + and another
      53
      investors