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PhilippinesSewing Machine Repair
With a loan of EUR 2,600 Joventino can expand his shop in spare parts and modernize his repair shop.
€2,600
Amount
3.00%
Interest
18 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,600 |
| Interest | 3.00% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 2 days on 24 January 2015.
The project
From an employee to a businessman, Joventino Vista started his business in 2003. He named his business from his own as J. Vista Sewing Machine Repair Shop. He started his business from one reconstructed sewing machine. Soon after, he was known for repairing sewing machines. At present, he receives bulk orders and supplies in different areas locally. From their own capital, they were also able to add sewing machine spare parts which is being sold in their shop. With current two male and one female workers with a fix rate salary and free snacks. He also helps the community by joining in feeding programs within their barangay. Together with Lendahands partner NPFC is helping Joventino Vista in acquiring additional working capital for business expansion.| Company name | NPFC |
| CEO | Joventino Vista |
| Founded | 2003-01-01 |
| Location | Dasmarinas Cavite |
| Sector | Services |
| Turnover | €33,678.65 |
| Employees | 3 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 1 job is created
- With this investment 4 lives are improved