IsKarGu Restaurant

With EUR 6,800 Margarita is able to reconstruct her successful restaurant after it was wiped out by a typhoon.

funding gap emerging markets
NPFC
Entreprise
Philippines
Pays

Le projet

Margarita Rivera is a mother of 2 and the owner of IsKarGu Restaurant located in Calauan, Laguna. The restaurant is located along a highway with a beautiful scenic view of rice fields with mountain ranges at the horizon. Margarita started the restaurant in 2002 on her mother's advice with a small inventory. At conception, the restaurant only contained 5 chairs and only the necessary kitchen appliances, which she was able to buy after she and her husband separated. Her ex left Margarita with Php. 100,000, which was fully invested in the restaurant.

Because of the rural ambiance and the excellent food that the restaurant has to offer, it became a highly attractive restaurant for travelers passing the highway. Margarita is not only the owner, but also a committed chef. IsKarGu Restaurant currently employs fifteen workers with Margie's sister as the assistant manager and her brother as the sous chef. She is also highly committed to her community and uses her skills as a chef and restaurant owner to sponsor a feeding program for children from the nearby Don Bosco region.

Unfortunately, Mother Nature struck Margarita and the restaurant hard when Typhoon Glenda wiped out her restaurant completely in 2014, leaving her and the workers unemployed. She is, however, motivated more than ever to reconstruct her business.

Lendahand and its local partner NPFC are very proud to support Margarita in her time of need to rebuild her restaurant by providing a loan, which will be repaid in 18 months.

NPFC

PDG
Margarita Rivera
Création
2002-01-01
Lieu
Caluan Laguna
Secteur
Services
Chiffre d'affaires
€155 574,24
Employés
15
€6 800collecté
Entièrement financée en 30 jours sur 14 Décembre 2014.
14investisseurs
Investir dans la microfinance
€6 800
Objectif
3.0
%
Intérêt
18
mois
Maturité
6
mois
Remboursements
A
B
C
D
E
Cote de crédit

Impact

1
Emplois créés
4
Vies améliorées