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

Ico?s Paper Mache

  • NPFC
  • Invest in a Financial Institution
  • + 25 other investors
  • With a loan of EUR 15,600 Ester can increase her stock of paper mache significantly and boost production.

    €15,800
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€15,800
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 7 August 2015.

      Summary

      “Ico’s Paper Mache” was established in year 1992 by Ester Ico and husband Salvador. Both couple worked in a handicraft business, before they decided to establish their own. They combined their experiences and ideas with the concept they wanted for their products. The couple came up with a unique design for their products, which is their edge against competitors. The business is engaged in emboss design of paper mache, and christmas decorations. For over 20 years, they are the only sub-contractor of Manex Handicrafts Inc., for the paper mache items.

      Ester employs a total of 10 workers, with three sub-contractors, receiving a piece rate salary. Lendahand together with its local partner NPFC will help Ester to acquire working capital to boost its production.

      Company nameIco?s Paper Mache
      CEOEster Ico
      Founded1992-01-01
      LocationPaete Laguna
      SectorManufacturing / Production
      Turnover€35,678.88
      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

      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 Ico?s Paper Mache

      Onno Oostveen
      Gert Mosterd
      Annelies Braakman
      A. Pronk
      + and another
      25
      investors