First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Philippines

C&T Plastic Products

  • NPFC
  • Invest in a Financial Institution
  • + 20 other investors
  • With EUR 8,800 Tyrone can expand his business in plastic accessories significantly ánd hire 3 more people.

    €8,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 31 December 2014.

      Summary

      Tyrone Santos Almodovar is a graduate of Nautical – Seaman by profession. Before getting into business his last employment was at Magsaysay Shipping from 1997-2001. The first business he started was plastic hanger making in 1997 where the idea came from his father who works at a factory of plastic bottle for shampoo. Every year that he gets off the ship, Tyrone buys plastic injection machine for the business but eventually stop its operation and convert it into Casket accessories manufacturing in 2001. The business is named ‘Claro and Tyrone Plastic Product Company’ which is a father and son business, where his father acts as the supervisor and Mr. Tyrone in charge in over all operation. Business is located at Novaliches Quezon City where manufactured casket accessories are delivered in San Simon Pampanga. Employing 15 males and 20 females a total of 35 employees, he provides with complete SSS, PhilHealth and Pagibig, and minimum rate for regular employees. Tyrone gives gift every christmas season to all his employees. He targets to have an expansion and to employ more out of school youth. Together with Lendahand’s partner NPFC is helping Tyrone Almodovar in acquiring additional working capital for business expansion.
      Company nameC&T Plastic Products
      CEOTyrone Almodovar
      Founded2001-01-01
      LocationQuezon City
      SectorManufacturing / Production
      Turnover€237,229.84
      Employees35

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to C&T Plastic Products

      Hajé van Egmond
      Hajé van Egmond
      + and another
      20
      investors