First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Philippines

Ferangeli Guitar

  • NPFC
  • Invest in a Financial Institution
  • + 14 other investors
  • €3,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 130 days on 3 September 2013.

      Summary

      Angelita Dagoc is a seasoned entrepreneur operating in Lapu-lapu City, Cebu, in the South of the Philippines. Cebu, is one of the oldest City in the Philippines due to it being the first Spanish settlement in the country. It is considered a major business hub in the Visayas Region of the Philippines housing numerous world class resorts, hotels, business centers and leisure spots.

      Angelita first started producing world class string instruments for a Guitar Manufacturing company. She perfected and worked on her manufacturing skills until she was able to gather enough resources to start her own Guitar manufacturing enterprise.

      Being an expert Guitar Maker, producing quality products was never an issue for Angelita. Not long after putting up her own business, Angelita was able to tap markets in Europe, Asia and some parts of the US. Locally, she was equally successful in marketing her products and was able to ship quality guitars in the popular tourist island of Boracay.

      She got interested in getting a working capital loan so that she can fund more orders and increase their production capacity. This loan does not only sustain the Guitar business, but also helps the 22 regular filipino workers of her enterprise.

      Angelita’s sees as her aims both to produce really good Guitars as well as helping her worker’s achieve a more stable and rewarding life.

      Company nameFerangeli Guitar
      CEOAngelita Dagoc
      Founded
      LocationCebu
      SectorManufacturing / Production
      Turnover€137,493.38
      Employees22

      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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Ferangeli Guitar

      Hajé van Egmond
      + and another
      14
      investors