Iris Hopewell Commercial 2
Virgilio will be needing additional working capital loan of EUR 18,800 to purchase grains and corns from farmers.
- Local partner investment
- 3 nieuwe banen
- 12 mensen bereikt
Founded in 1996, “Iris Hopewell Grains Center” is an enterprise engaged in buy and sell of rice grains and corns. Products are directly bought from the harvests of local farmers of Kalinga and Isabela province.
Mr. Virgilio Ko, owner from Kalinga. From his second loan, he was able to purchase a rice milling machine. The machine serves the millling for the farmers that contributes a lot in the production of both rice and corn that resulted to the rapid increase of sales. The company is also supplying rice grains to rice mill companies based in Isabela province for further processing.
This month is considered as peak season where Virgilio will be needing additional working capital loan to purchase grains and corns from farmers.
As of today, 10 are regularly employed by Virgilio Ko and 16 part timers who are also farmers. Working part time provides additional income for the family. Salary is on a daily basis with free meal for everyone.
|Company name||Iris Hopewell Commercial 2|
|Location||Tabuk City, Kalinga Apayao|
|Sector||Wholesale / Retail|