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

Coolway Cooperative

  • NPFC
  • Invest in a Financial Institution
  • + 46 other investors
  • With a loan of EUR 29,800 Coolway Cooperative can help more female entrepreneurs at Cebu.

    €29,800
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€29,800
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 days on 28 July 2015.

      Summary

      Coolway Multi-Purpose Cooperative from Bogo City, Cebu started its operation in 2012, duly registered by the Cooperative Development Authority (CDA) on December 29, 2011. It is being managed by Mr. Luis Asierto Jr., Chairman of the Board and Mr. Normando Inso as General Manager both of them and other members of the board have background in banking. Most of its members are female which are partners of their spouses in supporting their families. As an extension of its service, Coolway provides a regular feeding program and tree planting activity on a monthly basis. They also offer free ambulance service for members and non-members of their cooperative. 

      At present, it employs 175 staffs provided with mandatory benefits, aside from their compensation. 

      Lendahand, together with its local partner NPFC, will help Coolway acquire working capital loan for the expansion of its operations in the municipality of Dumanjug, Cebu.

      Company nameCoolway Cooperative
      CEOJunebert Lepon
      Founded2012-01-01
      LocationBogo City, Cebu
      SectorFinancial services
      Turnover€887,100.59
      Employees175

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 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 Coolway Cooperative

      Tim Slijp
      Gert Mosterd
      Corné de Haas
      Leendert Smit
      Ton Schroer
      + and another
      46
      investors