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funding gap emerging markets
Philippines

Nicole Ann Collection 3

  • NPFC
  • Invest in microfinance
  • + 28 other investors
  • With a loan of EUR 14,600 Ofelia will acquire additional raw materials, such as fabrics and accessories.

    €14,600
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€14,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 days on 30 December 2015.

      The project

      3rd LOAN

      “Nicole Ann’s Collection” was solely owned by Ofelia Majam of Quezon City, Manila. She creates fashion apparel for kids, men, and women. From a kiosk in 2006, she has now been serving different branded apparels in Philippines. Also, fashion clothes has been distributed nationwide and exported. She has grown the business because of the designs and quality that she continuously creates for her customers. 

      A total of 21 workers is presently employed that receives their food and shelter for free together with their piece rate compensation. Sometimes, Ofelia hire students as part-time worker. From the previous loan that she acquired, Ofelia was able to serve the purchase order of a Mall in Davao province. 

      The present loan that she will acquire will be used to purchase additional raw materials, such as fabrics and accessories that will be used to meet the new orders received from other clients.

      Company nameNPFC
      CEOOfelia Majam
      Founded2006-01-01
      LocationQuezon City
      SectorManufacturing / Production
      Turnover€430,274.12
      Employees21

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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