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funding gap emerging markets
Philippines

Orencia Monfero Uraro

  • NPFC
  • Invest in a Financial Institution
  • + 11 other investors
  • Loan proceeds of EUR 4,800 will be used to purchase ingredients to make more Uraro to serve all customers.

    €4,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 17 September 2016.

      Summary

      The passion in cooking and baking drives Maria Olivia Orencia to continue her family’s secret recipe in making local delicacies like Uraro, Broas, Banana Cake, and many more ... Olivia’s most famous product is Uraro which describes as mildly sweet, shaped into flowers and wrapped in thin paper called ‘papel de hapon’(Japanese paper). She is still using the old method by using ‘pugon’ (fireplace) in baking that makes her product stay fresh and taste good. Olivia resides in Liliw which is often visited because of the shoe products, being unique among other natives in the municipality she sells Uraro and other products in the small pasalubong center. She also deliver goodies within her neighborhood and provinces to promote Filipino delicacies to local and international tourists.

      She is being assisted by her youngest daughter and husband together with their six helper in baking, selling, labeling, and packaging. Helpers are provided with meal and allowance aside from take home pay.

      “Orencia – Monfero Uraro & Food Products” was founded in 1974 by Olivia and family from Liliw, Laguna.

      Loan proceeds will be used to purchase ingredients to make more Uraro to serve all customers and pasalubong centers. She will be assisted both by LendAHand and local partner NPFC. 

      Company nameOrencia Monfero Uraro
      CEOMaria Olivia Orencia
      Founded1974-01-01
      LocationLiliw Laguna
      SectorManufacturing / Production
      Turnover€109,505.38
      Employees6

      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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      We have already contributed to Orencia Monfero Uraro

      Joop Singeling
      Jan de Wit
      Niek de Bruijn
      + and another
      11
      investors