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funding gap emerging markets
Philippines

Jess & Ann Footwear 2

  • NPFC
  • Invest in microfinance
  • + 9 other investors
  • Analiza will have a working capital loan of EUR 4,800 to buy raw materials for her shoe production.

    €4,800
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 9 June 2016.

      The project

      Analiza and Jesus Arevalo has been a footwear manufacturer since childhood. She and her spouse are both native of Liliw, Laguna where you can find quality and native shoes. They started “Jess & Ann Footwear” in 1991, as shoe manufacturer and distributor to small shoe store. Later, they were able to establish their own store for additional income.

      From their first loan, Analiza was able to hire one worker, which makes the present number of worker to seven individuals including senior citizen (elderly). Part – timer are welcome which does shoe labeling and packaging. Analiza provides their weekly salary and snack. Bonus is given if they have increase in sales.

      In preparation for back to school or opening of classes of students from primary to College, she will have a working capital loan to buy raw materials for production. To be repaid in 24 months. 

      Company nameNPFC
      CEOAnaliza Arevalo
      Founded1991-01-01
      LocationLiliw Laguna
      SectorManufacturing / Production
      Turnover€43,715.42
      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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