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funding gap emerging markets
Philippines

Omaque Workx

  • NPFC
  • Invest in a Financial Institution
  • + 7 other investors
  • With EUR 2,000 Eleanor can sustain the growth of her fashion business and supply to more shopping malls.

    €2,000
    Amount
    4.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest4.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 46 days on 19 May 2015.

      Summary

      Ms. Eleanor Omaque, a single proprietor was inspired from her sibling’s business where she was employed since college to support her needs in schooling. Her 11 years of experience working as a production head on her sibling’s handicraft manufacturing became her foundation in starting her own business. On 2011, she started her operations. With her own savings, she was able to put up her own fashion accessories manufacturing. By January 2015 she was able to formalize her business and named it after her last name, ‘Omaque Beaded Workx’. At present she employs 10 workers where 2 are classified as PWDs (persons with Disability), a deaf and mute. As a commitment to help her workers she has 2 scholars (children of her workers) where she supports their studies and provide free lunch to all her employees. Her products were being distributed to big malls in Cebu and some of her clients were also known personalities in different places in the Philippines. Through Manila Fame (exhibit of different products in big establishments), Ms. Eleonor met of NPFC’s credit officers in Cebu and was granted a loan to purchase additional working capital to her increasing volume of orders.
      Company nameOmaque Workx
      CEOEleanor Omaque
      Founded2011-01-01
      LocationBulacao, Cebu City
      SectorManufacturing / Production
      Turnover€53,567.76
      Employees10

      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

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      We have already contributed to Omaque Workx

      Jan de Wit
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      7
      investors