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Code GOODSTART is valid until 31 December
Receive a €500 GUARANTEE on your first investment
Code GOODSTART is valid until 31 December
Start hereFlora Handicrafts




Flora would like to export more wind chimes to China. With a loan of EUR 4,700 she can realize this.
€4,600
3.00%
12 months
6 months
EUR
CurrencyAmount | €4,600 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Summary
Flora Handicraft, a business that focus on seashell, cocoshell and woodcraft is owned by a sixty three (63) year old, Flora Baclay. The client and her husband Virgilio were former factory workers of an international rattan furniture company in Mandaue for several years (7) before they decided to have their own business. Flora Handicraft is now on its 30th year in business operation with fifteen (15) in-house workers but sixty percent (60%) of its production is composed of household job-outers. These job-outers were paid upon delivery of the products they made in their individual houses and their salary is based on the number of the products they delivered.
Wall décor, shell curtain and wind chime are some of the products of Flora Handicrafts. The business sells the products locally but is also subcontracting with local exporters and at the same time exporting products directly to China and other nearby countries.
Lendahand partners NPFC supported Flora Handicrafts in acquiring additional capital to purchase the necessary raw materials needed to produce the products which are ordered from other countries.
Company name | Flora Handicrafts |
CEO | Flora Baclay |
Founded | 1984-01-01 |
Location | Mandaue city Cebu |
Sector | Manufacturing / Production |
Turnover | €58,968.05 |
Employees | 15 |
Impact
There is currently no information available for this section. Check the Summary tab for more.
- With this investment 2 jobs are created
- With this investment 8 lives are improved
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