Rod Fabrication&Supplies 3
To meet customers demand, Antonio needs a working capital loan of EUR 9,400 to purchase materials.
€9,400
3.50%
6 months
6 months
EUR
CurrencyAmount | €9,400 |
Interest | 3.50% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
The project
Antonio Otero is a graduate of Bachelor of Science in Accountancy. He used to work as a Finance Analyst for several years before starting “Rod Fabrication and Industrial Supplies” in 2008.
The business is specializing in mechanical and engineering services that manufactures metal fabrication of machine parts, tools, and other replacement components. Catering clients that are into food, beverages, pharmaceutical, and other related industry. Because of his wife’s talent in selling, the spouses were able to established a network of clients including multinational companies.
Antonio is a hands-on owner dedicating his time by handling the over-all operation of the business. The enterprise is operating in the province of Batangas. All workers hired are certified skilled to secure quality of work performance and maintain good standing with clients. About 34 individuals are still presently employed provided with fair salary.
To meet customers demand, Antonio needs to working capital loan to purchase materials needed for his new purchase order and to support labor cost. He will be assisted by LAH and NPFC.
Company name | NPFC |
CEO | Antonio Otero |
Founded | 2008-01-01 |
Location | Sto. Tomas Batangas |
Sector | Services |
Turnover | €69,649.28 |
Employees | 34 |
Impact
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- With this investment 2 jobs are created
- With this investment 8 lives are improved