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funding gap emerging markets
Philippines

Elda Shells Trading

  • NPFC
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 9,800 Elena can further boost the export of her products made of seashells.

    €9,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 days on 24 July 2015.

      The project

      “Elda Shells Trading” started its operation in year 1992. It is a combination of its owners’ name Elena Daño from Lapu-Lapu City, Cebu. The business was officially registered in year 2000, and is engaged in manufacturing of different shell crafts. She started her business using her personal savings, and family members as workers. At first, they were a sub-contractor of Cebu exporters, but later on had a breakthrough in international market. Her 15 years in operation enable her to get regular buyers locally like Manila, Davao, Boracay, Aklan, and international buyers from Poland, Australia, Hongkong, and Ireland. 

      Presently, she is employing eight workers, provided with fair salary. Elena also offers jobs for housewives, high school graduates and families living nearby for an additional income. 

      Together with Lendahand and its local partner NPFC, Elena will acquire purchase order loan to sustain new orders from her buyers.

      Company nameNPFC
      CEOElena Daño
      Founded1992-01-01
      LocationLapu-Lapu Cebu
      SectorWholesale / Retail
      Turnover€69,629.04
      Employees8

      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 Elda Shells Trading

      Arno Huibers
      Marco van der Ploeg
      + and another
      11
      investors