R-Cel Motor Accessories
Arcel will use his loan proceed of EUR 2,000 to purchase stocks for his inventory and all kinds of accessoires.
€2,000
3.00%
12 months
6 months
EUR
CurrencyAmount | €2,000 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
The project
Arcel Gempesao is a motorbike enthusiast. Thus, he decided to established a business in 2010, which he named as R-Cel Racing and Motor Accessories Supply. It was officially registered in 2014. Motorcycle parts and accessories are sold in his shop. He is assisted by his four workers, who are all school drop-outs who wanted to earn for their families. Fix wage is given to all of them, including snacks.
Loan proceed will be used to purchase stocks for his inventory. He will be assisted by NPFC together with its partner LendAHand.
Company name | NPFC |
CEO | Arcel Gempesao |
Founded | 2010-01-01 |
Location | Lapu-Lapu Cebu City |
Sector | Wholesale / Retail |
Turnover | €24,470.58 |
Employees | 4 |
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