Iris Hopewell Commercial
With a loan of EUR 9,800 Virgilio can purchase much more corn and rice grain from farmers and sell it to customers.
€9,800
3.00%
12 months
6 months
EUR
CurrencyAmount | €9,800 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Summary
Virgilio Ko is a resident of Tabuk City, Kalinga. He is a Certified Public Accountant (CPA) by profession but decided to continue their family business in rice trading. He established his business named Iris Hopewell Commercial in 1996, that primarily focuses on buy and sell of corn and rice grain. He buys corn and palay (rice grain) from different farmers of Kalinga, then deliver and sells it in Isabela Province.
Virgilio employs ten workers, paid on a daily basis and is provided with free meals.
Lendahand and its local partner NPFC, will help Virgilio acquire additional working capital to purchase palay and build up inventory.
Company name | Iris Hopewell Commercial |
CEO | Virgilio Ko |
Founded | 1996-01-01 |
Location | Tabuk City, Kalinga Apayao |
Sector | Wholesale / Retail |
Turnover | €89,107.56 |
Employees | 10 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved