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funding gap emerging markets
Philippines

Kalinga Food Treat

  • NPFC
  • Invest in microfinance
  • + 21 other investors
  • With a loan of EUR 9,800 Iluminada can further expand her business in organic rice products in the Philippines.

    €9,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 days on 27 June 2015.

      The project

      Iluminada Calbuyao, a resident of Tabuk City, Kalinga, is married to Samuel and is with one kid. Since childhood, she is exposed to their family business of planting rice crops and trading rice grains. In 2008, she formally started her business of trading organic rice grain products. She buys unhusked rice grains from the Unoy Farmers Association in Kalinga. The rice grains are milled and made into unoy-based (or rice-based) products like champorado (chocolate) rice , unoy noodles, unoy chili paste, and unoy wine. The word ‘unoy’ is a Kalinga dialect for organic rice and is grown without the use of chemical pesticides and fertilizers. 

      Her business is named “Kalinga Food Treat” and it has been operational for seven years. To help the community, Iluminada employs four regular workers and has part-time workers that are from Butbut Tribe which are provided with free meal, aside from compensation.

      Lendahand will provide the loan to Iluminada together with local partner NPFC. 

      Company nameNPFC
      CEOIluminada Calbuyao
      Founded2008-01-01
      LocationTabuk City, Kalinga Apayao
      SectorDistribution and Processing
      Turnover€39,093.04
      Employees4

      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 Kalinga Food Treat

      Jan de Wit
      Moniek van den Berg
      A. Pronk
      Falco Valkenburg
      + and another
      21
      investors