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funding gap emerging markets
Philippines

Big Sam Construction 2

  • NPFC
  • Invest in microfinance
  • + 3 other investors
  • With a loan of EUR 9,800 Sean can further expand the product portfolio in his do-it-yourself store.

    €9,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 10 July 2015.

      The project

      SECOND LOAN

      Sean Samson is a resident of Quezon City. He is a graduate of BS Management at Ateneo de Manila. He started as an employee who looks for a better income potential. He and his father, first established a shoe manufacturing, but later on, shift in to hardware business and named it “Big Sam’s Hardware and Construction Supply”. He is engaged in the business since 2005. Aside from being a retailer, he also supplies bulk orders of hollow blocks made out of lahar in to smaller hardwares. 

      Currently, he has 22 workers, provided with free accommodation together with workers family, aside from compensation received. 

      NPFC together with Lendahand will help Sean acquire working capital to purchase additional raw materials for its hollowblocks to cater more orders from buyers.

      Company nameNPFC
      CEOSean Samson
      Founded2005-01-01
      LocationFairview Quezon City
      SectorWholesale / Retail
      Turnover€227,333.48
      Employees22

      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 Big Sam Construction 2

      Marion van Wingerden
      Yvonne van der Laan
      + and another
      3
      investors