funding gap emerging markets
Colombia

Confecciones La Mejor

  • Eclof Colombia
  • Invest in microfinance
  • + 9 other investors
  • Luis makes high quality knitted clothing. With a loan of EUR 5700 he creates 4 jobs and he can open a new store.

    €5,400
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,400
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 43 days on 30 July 2014.

      The project

      Luis Francisco is the owner of ‘Confecciones La Mejor’, a company engaged in making high quality knitted clothing and cloths. For 15 years they have been manufacturing and selling products to wholesale as well as to stores directly. The company also has its own store and distributes products to different cities such as Tunja, Duitama, Bucaramanga and Cali.

      The loan will be used to procure raw materials to be able to satisfy the increasing demand. Next to this, four new jobs will be created. For the future they are planning to open a second store in Bogotá.

      Lendahand and its local partner grant this loan to Luis, payable in 18 months, to be able to make this ambition reality

      Company nameEclof Colombia
      CEOLuis Hernandez
      Founded1999-01-01
      LocationBogotá
      SectorManufacturing / Production
      Turnover€36,683.22
      Employees1

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 lives are improved

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