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funding gap emerging markets
Philippines

Solsan Trading 2

  • NPFC
  • Invest in a Financial Institution
  • + 12 other investors
  • With this second loan of EUR 10,000 constructor Alexander will be able to hire 10 extra people. Maturity: 6 months!

    €10,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€10,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 days on 17 June 2015.

      Summary

      SECOND LOAN

      Alexander Sy from Quezon City, established his construction services in 2005. The business was named “Solsan Trading” engaged in electrical supplies, hardware supplies and construction services. As of the today, Alexander has an ongoing project in one of the hospitals in Manila. His first loan to NPFC helped him generate 5 more workers which made the total present workers to 15 which he provides with fair salary rate, mandated benefits and incentives. 

      Lendahand will help Alexander Sy, together with local partner NPFC, to acquire working capital and purchase additional raw materials for this project. Through this project he will also be able to hire 10 additional workers.

      Company nameSolsan Trading 2
      CEOAlexander Sy
      Founded2005-01-01
      LocationQuezon City
      SectorServices
      Turnover€79,060.42
      Employees15

      Impact

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

      • With this investment 10 jobs are created
      • With this investment 40 lives are improved

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      We have already contributed to Solsan Trading 2

      Gioberto Balinge
      + and another
      12
      investors