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ColombiaArtesanias Erminda
With a loan of EUR 5,000 Erminda is able to purchase material and produce more woolen products to sell.
€5,000
Amount
4.25%
Interest
36 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €5,000 |
| Interest | 4.25% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 17 hours on 28 June 2017.
The project
Mrs. Erminda Acevedo has been working for more than 30 years in the manufacture of woolen handicrafts mainly, she has a business located in the city of Nobsa in Boyacá, a tourist place where there are many artisans who make different products having as main input the wool of sheep.
She applies for credit for working capital to acquire more raw material and inputs for the production of her products and increase her sales volume.
Local partner Eclof provides the loan, which has to be repaid in 36 months.
| Company name | Eclof Colombia |
| CEO | Erminda Acevedo |
| Founded | 1980-01-01 |
| Location | Nobsa,Boyaca |
| Sector | Manufacturing / Production |
| Turnover | €107,352.94 |
| Employees | 2 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved