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funding gap emerging markets
Philippines

Almar Fashion

  • NPFC
  • Invest in microfinance
  • + 6 other investors
  • With a loan of EUR 6,000 Johny can export more fashion accessories made of natural materials abroad.

    €6,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 25 July 2015.

      The project

      “Almar Fashion Accessories” is an export business established in 2004 and presently engaged in fashion accessories made out of different kinds of shell products that came from the finest sea shells and other natural materials. It was passed to Mr. Johny Fel Pang in the beginning of 2015 by his mother. He is now the sole owner of the business, managing its productions from Zamboanga and Cebu City. He is maintaining their regular clients in the local market of Cebu and through exporting in Australia, U.S.A, and Europe. 

      The company employs eight skilled shell craftsman. He also employs breadwinners from the poor family in Cordova, Cebu City where they receive daily salary with free meal. 

      Lendahand together with its local partner NPFC, will help Johny acquire purchase order loan to meet the orders from their foreign buyers.

      Company nameNPFC
      CEOJohny Pang
      Founded2004-01-01
      LocationCebu City
      SectorWholesale / Retail
      Turnover€13,391.79
      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 Almar Fashion

      Niek de Bruijn
      Arno Huibers
      + and another
      6
      investors