Receive a €500 GUARANTEE on your first investment
Code GOODSTART is valid until 31 December
Receive a €500 GUARANTEE on your first investment
Code GOODSTART is valid until 31 December
Start hereLulay's Subcon



Teresa needs a loan of EUR 5,800 to be able to replace the old sewing machines in her clothing business.
€5,800
3.00%
18 months
6 months
EUR
CurrencyAmount | €5,800 |
Interest | 3.00% |
Maturity | 18 months |
Repayments | 6 months |
Currency | EUR |
Summary
From a simple employee to owner of a growing sub-con of clothing business, this is how Teresa Monzones started her business. In 1994, Ms. Monzones and her spouse decided to step out from their careers and set up their garments business - creating school uniforms and dress for kids and adults. With the craft they have chosen, they were able to employ some of their neighbors. At present, they employ 14 employees wherein they provide free accommodation and meals. In their desire to help their community, they granted 1 of their employees a full scholarship, and have the ambition to do the same for more employees.
Together with local partner NPFC Lendahand will support them by granting a loan intended to overhaul their sewing machines and additional working capital to meet the demands of their growing number of clients. The loan will be repaid in 18 months.
Company name | Lulay's Subcon |
CEO | Teresa Monzones |
Founded | 1994-01-01 |
Location | Alaminos Laguna |
Sector | Manufacturing / Production |
Turnover | €75,054.74 |
Employees | 14 |
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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