Cocoshells and Cocopulp Dealer started in 2009 and now on its seventh year of
operation. It is located in Malabon
City, Metro Manila, owned and managed by Mr. Jerome Careso. The business is engaged in coco shells
processing, used as alternative combustion materials and coco pulp that
manually segregates from the coco shells and the same is processed into palm
oil and feedmeal and supplied to respective buyers.
An average of 80
tons per month of coco waste is saved and recycled.
Jerome has been a
partner of NPFC for two years now and has acquired seven loans including this
loan. With the able assitance from NPFC,
he was able to acquire additional trucks for better service to three more
A total of 25
laborers are presently employed, compared from six individuals when he was just
beginning. Most of them are out of
school youths provided with whole day meal and lodging aside from salary. 11 Among 25 artisans are part time and wage
is based on piece rate.
The purpose of his
loan is to purchase stocks of cocoshells for processing and delivery to
clients. To be repaid in 12 months time.