MCJHB Footwear

With a loan of EUR 2,000 Cristina will purchase materials to prepare and meet bulk orders of customers.

funding gap emerging markets
NPFC
Company
Philippines
Country

The project

Ma. Cristina Joy Bagsit, also known as Joy, is a native and a footwear manufacturer from Liliw, Laguna. Her business is operating since 2006. Finished products are displayed in her store and supplies some to Badong’s Store, one of the biggest footwear store in Liliw. 

She has three regular and three part-time workers with fixed salary given weekly. She also accepts senior citizen, that does the product labeling, cutting, and packaging. Joy being a hands-on owner, is assisted by her spouse Bernard during availability. 

Due to the upcoming peak season, she will purchase materials for production to prepare ahead of time and meet bulk orders of customers. Joy will be needing working capital loan which will be provided by LendAHand and NPFC.

NPFC

CEO
Cristina Joy Bagsit
Founded
2006-01-01
Location
Liliw Laguna
Sector
Manufacturing / Production
Turnover
€45,928.88
Employees
3
€2,000raised
Fully funded in 9 hours on 1 March 2016.
4investors
Invest in microfinance
€2,000
target
3.0
%
Interest
18
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved