PhilippinesMVM Handicrafts 2
Second loan of EUR 3,800 will be assigned to develop production area and purchase additional raw materials.
€3,800
3.00%
12 months
6 months
EUR
Currency| Amount | €3,800 |
| Interest | 3.00% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
The project
SECOND LOAN
Founded in 2008, MVM Handicrafts is owned by Evelyn Gattoc of Antipolo City, Rizal. She used to work in a handicraft business, where her previous employer convinced and assisted her to start her own, for her to be able to assist other drop-out students, housewives, and elderly in their town.
Evelyn is assisted by her spouse. They are making Christmas decorations and Religious items. Their present workers are 20, seven male and 13 female. All of them receives piece rate wage, food, and overtime pay as needed.
MVM Handicrafts first loan was able to meet customers demand. Second loan will be assign to develop production area and purchase additional raw materials.
| Company name | NPFC |
| CEO | Evelyn Gattoc |
| Founded | 2008-01-01 |
| Location | Antipolo, City |
| Sector | Manufacturing / Production |
| Turnover | €38,520.80 |
| Employees | 20 |
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