Glenn Alvarez Trading

With EUR 3,800 we enable Glenn to increase its stock in order for his business to be ready for the coming peak season.

funding gap emerging markets
NPFC
Virksomhed
Filippinerne
Land

Projektet

Glenn Alvarez resides in Nagcarlan, Laguna. He is a graduate of Electrical Engineering, and is married to Anabel, with whom he has seven children. In year 2010, he established a business engaged in selling of Japan made products, like cabinet, vase, and kitchenwares, and he named it next to him as, “Glenn Alvarez Trading & General Merchandise”. He manages the daily operation, while his spouse Anabel assists him with the finance and other business matters. The business has been operating in different provinces like in Nagcarlan and Liliw Laguna, Lucban Quezon, and nearby provinces. 

It has been operating for five years now, where employment opportunity to out-of-school-youth was opened by the couple. At present, he employs ten out-of-school-youth who are all regular workers, two are female and eight are male receiving meal allowance, a bonus, and Social Security System (SSS) benefit, aside from the semi-monthly salary. During peak season, an additional of 15 workers were being hired. 

Loan proceeds will be used to purchase additional stocks of Japanese products which will be provided by Lendahand and local partner NPFC. To be repaid in 18 months.

NPFC

ADMINISTRERENDE DIREKTØR
Glenn Alvarez
Grundlagt
2010-01-01
Beliggenhed
Nagcarlan Laguna
Sektor
Engroshandel / detailhandel
Omsætning
€67,080.89
Medarbejdere
10
€3,800hævet
Fuldt finansieret på 10 dage på 16 Oktober 2015.
7investorer
Invester i mikrofinansiering
€3,800
mål
3.0
%
Interesse
18
måneder
Modenhed
6
måneder
Tilbagebetalinger
A
B
C
D
E
Kreditvurdering

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