Shancraft Corp. is a corporation duly registered under Securities and Exchange of Commission. The word SHAN came from the initial name of the four children of Cristita Mantilla, the President of the corporation. The business is based in Mandaue City, Cebu and was established in 2004. It is engaged in handicrafts, manufacturing sea shell crafts, using seeds, stones, glass beads, and other local indigenous materials. The corporation exports its finished products in Australia, Greece, United States of America, and Norway.
Currently, Shancraft Corp. has 14 male and 12 female workers, a total of 26. They are all provided with statutory benefit together with fair salary rate. The corporation is a member of PhilExport Cebu.
Loan proceed will be used from the recent purchase order received from a client.
Therefore, Shancraft Corp. has to buy new and additional raw materials to meet client demands. This will provided by LendAHand and its local partner NPFC. The loan has to be repaid in 12 months.