Kris-Ann Creations Corp.
With a loan EUR 7,600 Jose is able to buy new materials for his business in producing uniforms.
€7,600
3.00%
12 months
6 months
EUR
CurrencyAmount | €7,600 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Summary
Kris-Ann Creations Corp. is a family owned business represented by Mr. Jose Lacsamana Jr., company Treasurer. Its first two names; Kris and Ann came from the combination of Mr. Joses two children. Founded by Ms. Luz, spouse of Jose in 1994 as a sole proprietor, and became a corporation in 2014 in San Mateo, Rizal as part of the requirement of one of their valued client.
They are manufacturing uniforms for company workers, laborers, and alike, engaged in food, drug / medicine, and electronic industry. These company have been their partner since the beginning. They have a total of six regular workers receiving piece rate weekly salary packaged with Social Security System (SSS), PhilHealth, and HDMF contributions as mandatory benefits. Children of regular workers is being assisted by Kris-Ann Creations Corp. by sending them to school to finish studies and refer to known clients for them to have better future. In addition, they have around ten sub-contractors which they lend sewing machines and raw materials for additional income. During Christmas season, the family give gifts to their workers and families.
The company needs additional working capital loan to purchase new type of cloth from the newly received P.O from a client. To be repaid in 12 month term.
Company name | Kris-Ann Creations Corp. |
CEO | Jose Lacsamana |
Founded | 1994-01-01 |
Location | San Mateo, Rizal |
Sector | Manufacturing / Production |
Turnover | €121,919.79 |
Employees | 6 |
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