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funding gap emerging markets
Philippines

MVM Handicrafts

  • NPFC
  • Invest in a Financial Institution
  • With a loan of EUR 4,800 Evelyn can purchase more material to increase the production of religious items.

    €4,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 26 June 2015.

      Summary

      Evelyn Gattoc is the sole owner of MVM Handicrafts, from the rural area of Antipolo City, Rizal. She is engaged in manufacturing of Christmas decorations and religious items which is operating for seven years now. 

      Her first two succeeding loans helped her generate 12 more workers which made the total present to 20. She provides them a piece rate salary, free snacks, bonuses, and overtime pay. 

      Lendahand will help Evelyn Gattoc, together with local partner NPFC, to acquire working capital and purchase additional raw materials for the new orders of her products.

      Company nameMVM Handicrafts
      CEOEvelyn Gattoc
      Founded2010-01-01
      LocationAntipolo, City
      SectorManufacturing / Production
      Turnover€70,744.16
      Employees20

      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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