Wilma's Puto Making
€1,600
3.00%
12 months
6 months
EUR
CurrencyAmount | €1,600 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
The project
Wilma Flores, a business woman owner of Wilmas Puto Making which manufactures Puto (steamed rice cake) and Kutsinta (boiled rice with lye and brown sugar.) In 1972, her father who was fond of eating kakanin (delicacies made of rice products ) thought of starting the kakanin business through a small loan. And for more than three decades of manufacturing, Wilma now takes over the business with her daughter assisting her.
Wilma's Puto Making now have eight (8) regular workers and all are staying in her house with free board and lodging. She supplies her products to 35 vendors peddling around Marikina market and Commonwealth in Quezon City. Her business has been generating livelihood for families belonging to marginal Sector of society where most barely finish their secondary education.
Lendahand partners NPFC are helping Wilmas Puto Making to get more raw materials to boost up production and support for incoming orders by giving a P100,000.00 working capital loan non-collateral payable in 12 months .
Company name | NPFC |
CEO | Wilma Flores |
Founded | 1972-01-01 |
Location | Marikina City |
Sector | Manufacturing / Production |
Turnover | €31,146.37 |
Employees | 8 |
Impact
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- With this investment 1 job is created
- With this investment 4 lives are improved