Sylor Scrap Trading 2
Purpose for the loan of EUR 9,600 is to buy more stocks, acquire an equipment, and repair the truck.
€9,600
3.00%
12 months
6 months
EUR
CurrencyAmount | €9,600 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
The project
SECOND LOAN
Rosemarie Lorenzo established Sylor Scrap Trading in July 2004 in Bulacan. She buys used cartons from big grocery stores in Bulacan and Caloocan City then recycle it and sell to smaller companies who makes soy sauce and alike. Corrugated boxes are classified per size and quality by her 38 existing workers, whom she provides living quarters with their family, competitive salary, and other benefits. Rose prioritizes to employ elementary graduates. The production is managed by her sister-in-law while she takes care on the rest of operation and administrative matters.
Another 12 individuals are provided with job thru her second business, SPA.
Her purpose for the loan is to buy more stocks, acquire an equipment, and repair his truck for better service. Rosemarie will be assisted by both LendAHand and NPFC.
Company name | NPFC |
CEO | Rosemarie Lorenzo |
Founded | 2004-01-01 |
Location | Caloocan City |
Sector | Manufacturing / Production |
Turnover | €300,607.83 |
Employees | 38 |
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