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

Globalcrafts Int. 2

  • NPFC
  • Invest in a Financial Institution
  • + 22 other investors
  • With EUR 8,400 will Normita be able to handle the increasing demand from the USA and hire 10 extra workers

    €8,400
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,400
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 30 April 2015.

      Summary

      Normita Lastimosa is a filipina with U.S citizenship. Seeing the potential of handicrafts business in U.S, she started Globalcrafts International Corporation at San Pedro Laguna in 1998. Her handicrafts are made of walis tingting (coconut leaf ribs), buri (kind of palm), abaca (Manila hemp) which are all abundant in the Philippines. All, were exported in U.S with the help of her friends that are interested in handicrafts for home decorations.

      Currently, she is employing five male and five female given with reasonable salary and government benefits, at the same time, she has workers for the production with per piece rate salary as her way to help the community. For over 16 years, Globalcrafts International Corporation is continuously exporting their products and dreams to maintain its operations.

      Lendahand partner with NPFC will help Globalcrafts International Corporation to acquire additional working capital to purchase raw materials from new purchase orders in U.S and will be able to hire ten more workers for production.

      Company nameGlobalcrafts Int. 2
      CEONormita Lastimosa
      Founded1998-01-01
      LocationSan Pedro Laguna
      SectorManufacturing / Production
      Turnover€338,463.54
      Employees10

      Impact

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

      • With this investment 10 jobs are created
      • With this investment 40 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 Globalcrafts Int. 2

      Jan de Wit
      Peter Beers
      A. Pronk
      Dirk Rentmeester
      + and another
      22
      investors