Panaderia Gloria

With a loan of EUR 3,600 Giovanni will be able to stock up his store and hire 1 additional employee.

funding gap emerging markets
Eclof Colombia
Company
Colombia
Country

The project

Mr. Barreto produces and sells bakery products as well as different kinds of food items. He works all by himself since the opening in 2006. The loan will be used for working capital including stocking up his store.

Lendahand will provide the loan to Giovanni, together with local partner VSC. The loan has to be paid back in 24 months.

Eclof Colombia

CEO
Giovanni Barreto
Founded
2006-01-01
Location
Bogota
Sector
Wholesale / Retail
Turnover
€36,363.63
Employees
1
€3,600raised
Fully funded in 1 day on 29 May 2015.
7investors
Invest in microfinance
€3,600
target
4.0
%
Interest
24
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved