funding gap emerging markets
Philippines

Hannah’s Handicraft 2

  • NPFC
  • Local partner investment
  • + 12 other investors
  • With EUR 4,800 Cristina will be able to expand her business as a manufacturing of seashell handicraft for decoration.

    €4,800
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 13 hours on 29 September 2016.
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      Summary

      “Hannah’s Handicraft” was founded by Cristina Anggana of Cebu in 2006. The business is officially registered under Department Trade and Industry (DTI) and is operating as a manufacturing of seashell handicraft for decoration of bags and accessories made from local natural fibers.

      Cristina used to be an employee for a handicraft manufacturer and was convinced by her sister, a fashion accessories designer to start her own business. With the help of her sister, she was able to tap the international market by exporting in United Kingdom and Malaysia. While, Boracay and Bohol for her local market.

      Her succeeding loans from NPFC helped her to boost production and therefore meet clients demand from regular purchase order loan. At present, she has 5 regular workers and 40 subcontractors.

      Mrs. Cristina’s creative mind and design gives her a chance to open a new market in U.S.A and Hongkong in 2016 and a possible bulk order is expected to come.

      As of today, she needs an additional working capital loan to purchase materials needed for production. Mrs. Anggana will be assisted both by LendAHand and local partner NPFC. 

      Company nameHannah’s Handicraft 2
      CEOCristina Anggana
      Founded2006-01-01
      LocationCebu City
      SectorManufacturing / Production
      Turnover€66,342.36
      Employees5

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Hannah’s Handicraft 2

      Aad Smits
      Jan de Wit
      Gert Mosterd
      + and another
      12
      investors