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funding gap emerging markets
Philippines

Shell Magic Enterprise

  • NPFC
  • Invest in a Financial Institution
  • + 5 other investors
  • With EUR 4,600 Lucila exports more Magic Shell products and creates 2 extra jobs.

    €4,600
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 20 days on 9 August 2014.

      Summary

      Ms. Lucila Judilla is forty six years old and is the owner and founder of C.E.L Shell Magic Enterprises. She started the company five years ago after having enjoyed working in various other positions and companies. She designs and produces shell handicrafts and jewelleries. Next to selling these products in the Philippines,  Lucila also sells the products to various countries in Europe (Germany, Spain, Poland), the United States and Japan.

      When typhoon Yolanda hit the Philippines in November 2013, it became very though and Lucila thought it was the end of her company. She could not get enough supplies to complete the existing orders and she was afraid customers would be disappointed and leave. Fortunately, most clients trusted Lucila and continued to be customers of Shell Magic.

      Lucila is a successful entrepreneur, but she will never forget the people who made this success reality. Her family and close friends have helped her starting up the business. Currently ten talented and skilful employees, mostly out-of-school-youth, inspire her to do her best.

      In the coming years, Lucila aims to purchase a property for her business. Next to this, Lucila wants to grant scholarships to the employees so they can pursue their dreams as well. Lucila wants to inspire others to work hard, take risk and never give up. “ When a person is happy in what she/he is doing, the best of him comes out eventually”, she says.

      Lendahand and its partner NPFC help Lucila in acquiring additional capital to boost the production and support for the incoming orders.

      Company nameShell Magic Enterprise
      CEOLucila Judilla
      Founded2009-01-01
      LocationCebu City
      SectorManufacturing / Production
      Turnover€19,448.94
      Employees10

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Shell Magic Enterprise

      Gert Mosterd
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      investors