First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Philippines

Betchay Garments

  • NPFC
  • Invest in microfinance
  • + 10 other investors
  • With a loan of EUR 10,200 Lilibeth can expand her garments business and she wil be able to hire 8 people.

    €10,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€10,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 10 days on 11 April 2015.

      The project

      Taytay Rizal is known to be the garments capital of the Philippines. Being a residence in Taytay Rizal, Lilibeths’ parent started to be a subcon in year 1985 naming it Betchay Garments which eventually grow until Lilibeth take over the business on a later date. As Lilibeth manages the business, she maintains the good and quality service they provide, that they were able to purchase twenty two sewing machines, had more regular clients and continuously supplies their product in Rizal and around Manila area. Her workers are three males and thirteen females, mostly housewives given with weekly salary and free meal and accommodation. Being active with the church, Lilibeth and family continuously supports their church activity by giving out clothes for those who are in need. Lendahand in partnership with NPFC, will help Lilibeth Pineda to acquire additional working capital to have business expansion and to employ eight more workers.
      Company nameNPFC
      CEOLilibeth Pineda
      Founded1985-01-01
      LocationTaytay, Rizal
      SectorManufacturing / Production
      Turnover€26,297.56
      Employees16

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 8 jobs are created
      • With this investment 32 lives are improved

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Betchay Garments

      A. Pronk
      Inge ter Horst
      Arno Huibers
      Huub Huijsmans
      + and another
      10
      investors