Genevieve will need a working capital loan of EUR 14,000 to serve the newly acquired market and sell nuts.
Genevieve Uy is the CEO of NUTCRACKERS Homemade Products which was established in August 2004 in Cagayan De Oro City. The company manufactures peanut-based products using high quality processes with proper sanitary procedures. Their products have no preservatives added and are becoming a fast-growing pasalubong (souvenir) delicacy of the region. Aside from supplying to supermarkets, hotels and restaurants, the growing business also provides profit-sharing for a network of peddlers and dealers who distribute their products.
Genevieve runs the business with her husband Ruben. Now, they have 13 regular employees who they provide with full benefits, even cash advances when the need arises.
Recently, NUTCRACKERS Homemade Products has acquired new market in the Visayas region and other areas of Mindanao. They will need a working capital loan to serve the newly acquired market. The loan will be provided by NPFC.
|Company name||Nutcrackers Products|
|Location||Cagayan de Oro City|
|Sector||Distribution and Processing|
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- With this investment 3 jobs are created
- With this investment 12 people are reached