Maderas H.M.M.

funding gap emerging markets
Eclof Colombia
Company
Colombia
Country

The project

Ms. Liliana and her husband have owned this business for 8 years already. They make wooden products (for example shelves and moulds) that are being used in workshops. With their enterprise they generate employment for 3 people from the area. They have 2 sons who both go to university. With the Lendahand loan, they would like to buy a mixing machine for concrete to produce more products. Their long-term goals are to rent or buy a bigger workshop and to employ more people from the are. Lendahand granted, together with the local partner, a loan to Liliana to be paid back in 18 months.

Eclof Colombia

CEO
Liliana
Founded
2006-01-01
Location
La Mariela-Barandillas
Sector
Manufacturing / Production
Turnover
€29,958.67
Employees
2
€8,200raised
Fully funded in 81 days on 27 April 2014.
10investors
Invest in microfinance
€8,200
target
3.0
%
Interest
18
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

3
Jobs created
12
Lives improved