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funding gap emerging markets
Philippines

Sylor Scrap Trading

  • NPFC
  • Invest in a Financial Institution
  • + 2 other investors
  • With EUR 6,400 Rose wants to strengthen the procurement proces and buy the lot she is renting right now.

    €6,400
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,400
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 21 August 2014.

      Summary

      Rosemarie Lorenzo is a forty three (43) year old mother of a child, owns Sylor Scrap Trading which recycles box cartons and supplies the cartons to clients who want cheaper packaging's. In July 2004, a friend of hers advised to set-up a business in carton recycling. Her first client was a supplier of soy sauce and ordered the recycled cartons from her on a COD basis. Rose got the cartons from supermarkets and hired one (1) skilled worker to do the recycling based on the clients' needs on the carton sizes.

      Currently, Sylor Scrap Trading is employing thirty five (35) workers, nine (9) of which are females. The workforce are from elementary to high school graduates and earning legal wages and compensations. Rose also gives out company outings and seven (7) families on free board and lodgings. Her sister-in-law is in-charge with the production.

      On September 2009, Tropical storm Ondoy (Typhoon Ketsana) had washed out two hundred thousand pesos (Php 200,000) worth of carton but had recovered from the loss. Rose had donated some substantial amount to buy an ambulance for her barangay.

      Rose is planning to purchase the lot that she is renting right now.

      Lend a Hand partner's NPFC is helping Sylor Scrap Trading in acquiring additional capital to boost the production and support for the incoming orders.

      Company nameSylor Scrap Trading
      CEORosemarie Lorenzo
      Founded2004-01-01
      LocationMeycauayan Bulacan
      SectorManufacturing / Production
      Turnover€237,974.39
      Employees35

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Sylor Scrap Trading

      Ton Schroer
      Gert Mosterd
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      investors