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funding gap emerging markets
Philippines

Monarj Footwear 2

  • NPFC
  • Invest in a Financial Institution
  • + 4 other investors
  • With a loan of EUR 2,000 will Mary Joyce will be able to supply more bazars of shoes and slippers and hire 1 employee.

    €2,000
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 days on 22 April 2015.

      Summary

      Liliw is known to be the shoe capital of Laguna that most of the residence here are into shoe manufacturing. When Mary Joyce Montalbo married Mark she becomes a shoe manufacturer too. The business was named as Monarj Footwear that started in 2006 as a manufacturer and supplier of different slippers in stores at Liliw, but later on, she had her own outlet. Mary Joyce in 2012 started to manufacture shoes to have an additional product for her store. She is now employing three male and three female workers that receives free meals and accommodation aside from salary they received. LendAHand partner with NPFC will help Mary Joyce Montalbo to acquire additional working capital to purchase materials to meet new orders. Mary Joyce Montalbo is a repeat client of NPFC that now she can have more stocks and join different bazaares in different location.

      Company nameMonarj Footwear 2
      CEOMary Joyce Montalbo
      Founded2006-01-01
      LocationLiliw Laguna
      SectorManufacturing / Production
      Turnover€41,202.23
      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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