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funding gap emerging markets
Philippines

Nicole Ann?s Collection 2

  • NPFC
  • Invest in microfinance
  • + 9 other investors
  • With a loan of EUR 5,000 Ofelia can buy materials for a purchase order to serve a new set of orders of her clients.

    €5,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 7 September 2015.

      The project

      SECOND LOAN

      Ofelia Majam from Quezon City, is a proprietor and general manager of “Nicole Ann’s Collection”. The business is engaged in the garments industry since 2006, making fashion apparel for children, men, and women. The company started with a small kiosk for product display and as a participant in different bazaars in Metro Manila. Ofelia’s creation captured the eye of her buyers. Now, she is serving different brand apparels in the Philippines, where even some of her products are exported. 

      Ofelia employs a total of 21 workers. All are provided with decent salary, which also receives free meal and accommodation.

      Lendahand will provide this loan to Ofelia together with local partner NPFC to acquire purchase order to serve a new set of orders of her clients.

      Company nameNPFC
      CEOOfelia Majam
      Founded2006-01-01
      LocationQuezon City
      SectorManufacturing / Production
      Turnover€441,366.32
      Employees21

      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 Nicole Ann?s Collection 2

      Ron van Eijk
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      investors