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funding gap emerging markets
Philippines

ARH Arts&Crafts

  • NPFC
  • Invest in microfinance
  • + 9 other investors
  • €3,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 27 days on 30 April 2014.

      The project

      Aida Roque is the owner of ARH Arts & Crafts Collection. ARH Arts & crafts Collection has been manufacturing decorative containers made out from cardboards since July of 2008.

      Aida at first was trading with decorative boxes in bazaars. When her supplier was not able to commit with her demands, she thought of manufacturing the containers herself. However, neither no one knew how to make the items they were selling. With such determination to deliver products to trade, she hired one skilled worker and together with one of her staff in the trading business, they learned and started manufacturing decorative containers. From then on, the two (2) workers expanded up to fifteen (15) workers as the orders increases.

      Currently, ARH Arts & Crafts Collection is employing twelve (12) workers where three (3) are females with full benefits of Social Security System (SSS), Medicare (PhilHealth), free board and free lodging. They employ additional workers whenever there is a higher demand for production. Aida is now planning to buy the production place she is leasing.

      From the destruction of tropical storm Ondoy (Typhoon Ketsana), she had started the business from scratch and knowing how it is to become a victim, Aida regularly sends donations to disaster areas around the Philippines.

      Lendahand’s partner NPFC is helping ARH Arts & Crafts Collection in acquiring additional raw materials to boost the production and support incoming orders


      Company nameNPFC
      CEOAida Roque
      Founded2008-01-01
      LocationRodriguez, Rizal
      SectorManufacturing / Production
      Turnover€29,695.45
      Employees12

      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 ARH Arts&Crafts

      Hajé van Egmond
      Hajé van Egmond
      Luella van Turnhout
      + and another
      9
      investors