funding gap emerging markets
Philippines

33 Point 3 Export Inc.

  • NPFC
  • Local partner investment
  • + 9 other investors
  • Maribelle creates gift items and needs more (natural) commodities. She can make the purchase with a EUR 7,800 loan.

    €7,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 33 days on 16 June 2014.
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      Summary

      33 Point 3 Exports Inc. is owned by Maribelle Cruz and was established 1990 in Cebu City, the centre and focal point of fashion accessories industry in the Philippines. The company began as a  manufacturer and exporter of fashion accessories to several buyers from Japan, Europe and United States of America (USA). Because of the growing demand in the export market, 33 Point 3 Exports Inc. started to produce housewares and gift items made of indigenous materials such as shells, coconut, wood, plant and bone. They also make articles using plated base metals combined with synthetic gemstone, plastics, textiles and a variety of natural materials.

      In its noble intent to practice social and environmental responsibilities, the business annually conducts livelihood training programs, feeding programs, tree planting, classroom donations and much more. The business was also very responsive to the need of the people after the devastation of typhoon Yolanda by doing relief operation in the affected areas.

      The corporation is awarded with ‘Excellence in Manufacturing & Marketing’ during the 17th Golden Shell Award. Next to this, the Cebu Chamber of Commerce and Industry gave them the award for the Socially Responsible Entrepreneur for the year 2009.

      Currently, one of the sons of Maribelle is working as the Marketing Manager. In total they employ 125 people, of which 72 are male and 53 are female.

      Lendahand partner's NPFC is granting this loan to Maribelle to acquire additional raw materials to boost the production and support incoming orders.

      Company name33 Point 3 Export Inc.
      CEOMaribelle Cruz
      Founded1990-01-01
      LocationCebu City
      SectorManufacturing / Production
      Turnover€520,755.63
      Employees125

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

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