The project

Third Loan with NPFC.

 “Clar and Mar Trading” was founded by Clarisa Abanid’s parents.  She took over the operation in 1990 and change the ownership under her name in 2008.  The business is engaged in buy and sell of dried goods bought from local fishermen and dried fish maker in the small islands in the Philippines where fishery is the number one source of living.   Pasalubong items that are Filipino made are also sold in her store.  Some items are regularly supplied to her bulk order buyers.

10 workers are presently employed given with fair salary rate given on a weekly basis.  Workers are also receiving other benefits such as sss, philhealth contribution, snacks and lodging too.

NPFC and LAH will be providing a working capital loan to Clarisa Abanid to purchase a large volume of Dried Fish for the preparation for the upcoming ‘Sinulog Festival 2017’.

“’Sinulog-Santo Niño Festival’ is an annual cultural and religious festival held on the third Sunday of January in Cebu City, and is the center of the Santo Niño Catholic celebrations in the Philippines.”