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funding gap emerging markets
Philippines

DVL Stonecraft

  • NPFC
  • Invest in a Financial Institution
  • + 20 other investors
  • With a loan of EUR 6,600 Veluz is able to satisfy the increasing number of purchase orders of her clients.

    €6,600
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,600
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 7 days on 4 December 2015.

      Summary

      Veluz Lopez is a mother, a wife, and a business woman from Cagayan De Oro, the capital city in the province of Misamis Oriental in Mindanao. She has been engaged in different enterprises before entering her present business. She used to be an Organic fertilizer producer and a Trucking Services owner. 

      Because of the ups and down, and challenges, they have ventured another business which is stonecrafting. In 2012, she started the decorative stonecraft business with the registered name “DVL Stonecraft”. Ensuring that waste stone are properly disposed. Today, they have grown their employees from two individuals to eight workers. They provide them also with rice allowance, mandated benefits and weekly salary. 

      Veluz will be needing a working capital loan to serve all purchase orders from clients. This will be provided by Lendahand and local partner NPFC. The loan will have to be repaid in 18 months.

      Company nameDVL Stonecraft
      CEOVeluz Lopez
      Founded2012-01-01
      LocationCagayan De Oro
      SectorServices
      Turnover€105,272.72
      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 DVL Stonecraft

      Jan de Wit
      Hans Bierhuis
      + and another
      20
      investors