Philippines
Joel & Luz Handicraft
With a loan of EUR 1,600 Luzviminda can boost her working capital for the increased orders in the holiday season.
€1,600
Amount
3.00%
Interest
6 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €1,600 |
Interest | 3.00% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 1 day on 9 December 2014.
Summary
Making paper mache was Ms. Aganas family business, which she assumed and continued. Using old newspapers and magazines, they make paper mache Christmas figurines and other decorations. The business started with only Ms. Agana and her husband making the items, but as a result of good sales, they hired employees, most of which are their neighbors. They sell their products to various areas in the Philippines such as Divisoria, Quiapo, Batangas and Cavite. Ms. Agana, was referred to NPFC by an existing client. She borrowed from NPFC to augment her working capital for the increased orders brought about by the upcoming holiday season.Company name | Joel & Luz Handicraft |
CEO | Luzviminda Agana |
Founded | 1995-01-01 |
Location | Kalayaan Laguna |
Sector | Manufacturing / Production |
Turnover | €42,060.98 |
Employees | 30 |
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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