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funding gap emerging markets
Philippines

Scandid RTW Fashion

  • NPFC
  • Invest in a Financial Institution
  • + 5 other investors
  • With EUR 6,400 Michelle will be enabled to continue her business expansion and to hire one additional worker.

    €6,400
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,400
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 hours on 20 March 2015.

      Summary

      Michelle Ang Katipunan has been living with her parents in other country, when she decided to come back in the Philippines and put up her own business. Garments, therefore, was offered by her friend which started in 2004, and being naturally in love with designs, she grabbed the opportunity to have a business. Having a roller coaster life wasn't easy for her but Michelle was able to surpass all challenges in the garments industry which made her business reached its 11th year of continuous operation in Bulacan. Starting from three sewing machines, she now has ten sewing machines with fifteen employees, where she provides a weekly basis salary, free accommodation and free meal. For her sewers with good performance, she gives them bonuses as a reward. Being thankful for what she have now, Michelle gives weekly donation for the feeding program being conducted in their place as well as every christmas season. LendAHand partner with NPFC will help Michelle Ang Katipunan to acquire additional working capital to have business expansion.

      Company nameScandid RTW Fashion
      CEOMichelle Katipunan
      Founded2004-01-01
      LocationValenzuela City
      SectorManufacturing / Production
      Turnover€79,281.55
      Employees15

      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 Scandid RTW Fashion

      Dirk Rentmeester
      Bas Kleijnen
      Ton Schroer
      + and another
      5
      investors