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Philippines

Jenzell Garments 2

  • NPFC
  • Invest in a Financial Institution
  • + 4 other investors
  • With a loan of EUR 2,800 Maria can purchase extra fabric and produce more clothing in her garment shop.

    €2,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 16 November 2015.

      Summary

      SECOND LOAN

      Maria Teresa Manlapas is a mother of three and is married to Rafael. She is the sole owner of “Jenzell Garments”, from Antipolo City, Rizal engaged in textile industry since 2006. She is serving different branded apparels and uniforms for schools and a gasoline station for nine years time. Teresa and spouse started as a pattern maker in a garments company and later became a sub-contractor. The growth of their business began from using only ten sewing machines and was later doubled in numbers, thus, allowing them to continuously hire more workers within the area. Accommodation and piece rate salary are received by all 25 workers, composed of five male and 20 female workers. During peak season she hires additional five workers.

      Teresa will be needing additional working capital loan to purchase fabric. NPFC and LendAHand will provide this loan to Teresa to be repaid in 12mos.

      Company nameJenzell Garments 2
      CEOMaria Manlapas
      Founded2006-01-01
      LocationAntipolo City
      SectorManufacturing / Production
      Turnover€147,982.25
      Employees25

      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 Jenzell Garments 2

      Bastiaan Kommers
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      4
      investors