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funding gap emerging markets
Philippines

Romel & Jam Beverages

  • NPFC
  • Invest in a Financial Institution
  • + 9 other investors
  • With a loan of EUR 3,800 Romel can further expand his company in soft drinks and beverages on the Philippines.

    €3,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 28 June 2015.

      Summary

      Romel Ponte, from Sta. Cruz, Laguna, is married with five kids. He is a sole proprietor engaged in distribution of softdrinks and other beverages. He is currently working in a maritime industry as a ship crew, and it is his wife Jam that handles the day to day operation. It started in September 2006, when they visited a relative from Manila. The ‘RC’ softdrink, was introduce to them and saw that it will be a good product to market in Sta. Cruz, Laguna. From then on, they became one of the distributors of softdrinks and beverages to sari-sari store in the nearby area. 

      The current number of employees is five, all are out of school youth, provided with daily salary depending on the number of cases of softdrinks sold to sari-sari stores.

        Lendahand together with its local partner NPFC, will help Romel acquire working capital for business expansion.

      Company nameRomel & Jam Beverages
      CEORomel Ponte
      Founded2006-01-01
      LocationSta. Cruz Laguna
      SectorWholesale / Retail
      Turnover€54,112.45
      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 Romel & Jam Beverages

      Falco Valkenburg
      A. Pronk
      Gert Mosterd
      + and another
      9
      investors