funding gap emerging markets
Philippines

Subida Bakery

  • NPFC
  • Local partner investment
  • + 4 other investors
  • With a loan of EUR 4,200 Felina will be able to increase the purchase of bakery products. 2 extra jobs!

    €4,200
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,200
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 26 March 2015.
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      Based on all Lendahand historical investments
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      Project will be fully funded

      Summary

      Subida Bakery and Restaurant was established in Nagcarlan, Laguna by Felina Subida and her spouse in 1997. Felina is a graduate of accountancy who still choose to continue managing their bakeshop even after her spouse’s death. The business is engaged in baking cakes, pastries and trading of party needs and other merchandises that is made and sold in a cheaper price to cater more customers. Felina sells bakery supplies and cake decorating tools as an additional product in her store, and together with his brother they also do catering in different places in Laguna. 

      At present, she has five out of school youth employees. Lendahand partner with NPFC will help Felina Subida to acquire additional working capital to purchase materials for more orders she receives due to the seasonal approach.

      Company nameSubida Bakery
      CEOFelina Subida
      Founded1997-01-01
      LocationNagcarlan Laguna
      SectorManufacturing / Production
      Turnover€49,547.14
      Employees5

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      We have already contributed for Subida Bakery

      Ruurd Kamphuis
      + and another
      4
      investors