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funding gap emerging markets
Philippines

Recio's Taho

  • NPFC
  • Invest in a Financial Institution
  • + 4 other investors
  • €1,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 49 days on 27 March 2013.

      Summary

      Christopher Recio owns a business that sells traditional sweet dishes like taho and puto. Taho is a fresh soft tofu desert with syrup and puto are small steamed rice cakes in different colours and shapes that can be eaten as snack or with a meal. Christopher’s parents had been in the business of making and selling taho and puto for over 30 years and seeing children enjoying the sumptuous puto and sweet taho inspired Christopher to follow into the steps of his parents.

      Christopher cares a lot about his workers. For instance he provides them with free shelter, which is of great help especially for those who come from the provinces. He feels that his care for other people has brought him the luck that allowed him to grow his business. NPFC has pre-funded his loan request as this allowed him to immediately extend his production by purchasing raw materials in bulk quantities.

      Company nameRecio's Taho
      CEOChristoph Recio
      Founded1980-01-01
      LocationMarikina
      SectorManufacturing / Production
      Turnover€59,377.84
      Employees5

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Recio's Taho

      Peter Beers
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      4
      investors