P. Longinos Aqua Ent.
With a loan of EUR 12,800 Pablo will be able to finance the fishpond from nursery to transition and to harvesting.
€12,800
3.50%
6 months
6 months
EUR
CurrencyAmount | €12,800 |
Interest | 3.50% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
The project
Mr. Pablo Longinos is the sole owner of “P. Longinos Aqua Enterprises” established since 1985 in Cebu. The business is engaged in fishpond producing Milk Fish and Shrimp distributed to restaurants, hotels, and wet markets. He recently acquired three (3) new clients which has proven his skills in maintaining his business and clients for over 31 years now. Despite of several competitors, he is advantageous among them because of his experience and his fully developed fishpond with vast area that can produce more products.
He has six regular workers receiving allowance, accommodation, and meal. Additional 20 workers are hired during harvest season.
Loan proceeds will be used to finance the fishpond from nursery to transition and to harvesting targeted within four to five months. Mr. Longinos will be assisted by NPFC and LendAHand.
Company name | NPFC |
CEO | Pablo Longinos |
Founded | 1985-01-01 |
Location | Cebu City |
Sector | Agriculture |
Turnover | €176,278.65 |
Employees | 6 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 3 jobs are created
- With this investment 12 lives are improved