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funding gap emerging markets
Philippines

Carelle Jane RTW

  • NPFC
  • Invest in microfinance
  • + 4 other investors
  • With a loan of EUR 3,000 Jeremias can expand his garments company and sell more clothes in Manilla surroundings.

    €3,000
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,000
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 30 April 2015.

      The project

      From Taytay Rizal, Jeremias Oca together with his mother started as a helper in a garments company. In later years, having enough experience and knowledge, he and his mother started their own garments in 1989. Jeremias also known as Cyrie, named his garment after his daughter Carelle Jane RTW that started from a borrowed capital and one sewing machine, but now, currently has seventeen machines. 

      He is assisted by his wife and mother in handling the business that the three of them were able to manage supplying their kids wear product in Manila area and some provinces in the Philippines. They have three female and seven male workers given with a weekly salary and free board and lodging. 

      Being thankful with what he have, Cyrie does not forget to share his blessing in giving donations to their church. Lendahand in partnership with NPFC, will help Jeremias Oca to acquire additional working capital to have business expansion.

      Company nameNPFC
      CEOJeremias Oca
      Founded1989-01-01
      LocationTaytay, Rizal
      SectorManufacturing / Production
      Turnover€142,593.73
      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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