funding gap emerging markets
Filipīnas

Erl John, G&G Snacks (B)

  • NPFC
  • Ieguldīt mikrofinansēšanā
  • + 11 citi investori
  • €2,600
    Summa
    3.00%
    Procenti
    12 mēneši
    Briedums
    6 mēneši
    Atmaksas
    EUR
    Valūta
    Summa€2,600
    Procenti3.00%
    Briedums12 mēneši
    Atmaksas6 mēneši
    ValūtaEUR
      100%
      Pilnībā finansēts 134 dienu laikā vietnē 15 Oktobris 2013.

      Projekts

      Born and raised in the small town of Binalonan, Pangasinan, Erlinda Labitoria, used to be a housewife until in 2003 she got introduced by her aunt to the production of chips (or crisps). Erlinda started out as a small scale chips producer, like many of her town’s folk, selling banana chips within the town. Her husband was at that time earning a minimum wage as a common laborer and with 4 kids to raise, the couple needed to increase their earnings. Thus, they decided to get serious with the chip business. Six years later they decided to further improve their business by formally registering it with the Government and adopting the name “Crunchies”.


      Nowadays, Erlinda is focused on the production of banana chips, camote (sweet potatoe) chips and ube (taro) chips while her husband does the marketing and delivery to their customers. They get their raw materials from nearby towns in the Province, thus helping other industries as well.
      After their start, selling the chips within their own town, they are now serving supermarkets and customers in 4 cities and 22 towns in the province of Pangasinan. Crunchies now employs 30 men and women, some of whom are out of school youth.

      The loan from Lendahand’s partner NPFC, will be used by the company to fund orders for their new export market in Korea. The Korean market opened up for Crunchies when a Korean national tasted Erlinda’s chips and was so overwhelmed with its taste that he offered to market the product in his country.

      With a healthy monthly turnover, a new export market to be served and the financial partnership with NPFC, Erlinda sees a bright future with further growth, more customers and more employment for people in her town.

      N.B. this project has been split into 2 equal parts; this is the second tranche (B)

      Uzņēmuma nosaukumsNPFC
      IZPILDDIREKTORSErlinda Labitoria
      Dibināts2003-01-01
      Atrašanās vietaBinalonan
      NozareRažošana / ražošana
      Apgrozījums€65,466.44
      Darbinieki30

      Ietekme

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