funding gap emerging markets
Philippines

Mialnea Stonecast

  • NPFC
  • Local partner investment
  • + 4 other investors
  • With a loan of EUR 1,800 Natividad is able to increase the production capacity of stonecast factory.

    €1,800
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,800
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 30 September 2015.
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      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Natividad Daño is a native of Lapu-Lapu City. She is a college graduate with a course of business management in one of the respective Universities in Cebu. Before having a business, she first work as an Assistant Manager for 12 years in service. In year 2000, Natividad started to have a business engaged in stonecast manufacturing. It was named “Mialnea Stonecast”, registered under Department of Trade and Industry (DTI) in early 2010. 

      Manufactured stonecast are supplied in the local and international market. But, she mainly focused on local market like hotels, schools, hospitals, private cemeteries, and others. She is also a sub-contractor of a company engaged in export from Cebu. At present, the number of her employees are 47, where 15 are regular and 32 are non-regular workers. She offers employment opportunity to housewives and out-of-school youths with free accommodation. 

      NPFC and Lendahand will provide working capital to Natividad to purchase raw materials to boost its production.

      Company nameMialnea Stonecast
      CEONatividad Dano
      Founded2000-01-01
      LocationCebu City
      SectorManufacturing / Production
      Turnover€80,432.04
      Employees15

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 people are reached

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      We have already contributed for Mialnea Stonecast

      Ron van Eijk
      + and another
      4
      investors