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funding gap emerging markets
Philippines

Wilma Footwear 2

  • NPFC
  • Invest in a Financial Institution
  • + 2 other investors
  • With a loan of EUR 2,800 Wilma can realize business expansion and a branch out in the near future.

    €2,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 hours on 18 February 2016.

      Summary

      SECOND LOAN

      Wilma Monedo is a naturally born of Liliw, Laguna. Being a highschool graduate, she decided to have her own business to have something for living. Since Liliw is well known to be a shoe capital of Laguna, Wilma was influenced by her neighbors to start her own footwear business, where she started from small manufacturing in 1990 and later had a store and is managing together with her spouse for over 25 years now. The business is named after her, Wilma Monedo Footwear and Manufacturing.

      Currently, they have four male and three female employees, were two of them are senior citizens, given with a weekly salary on a per piece rate basis. 

      Together with Lendahand’s partner NPFC is helping Wilma Monedo in acquiring additional working capital for business expansion and a branch out in the near future.

      Company nameWilma Footwear 2
      CEOWilma Monedo
      Founded1990-01-01
      LocationLiliw Laguna
      SectorManufacturing / Production
      Turnover€38,017.52
      Employees7

      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 Wilma Footwear 2

      Marion van Wingerden
      + and another
      2
      investors