Philippines
Betchay Garments
With a loan of EUR 10,200 Lilibeth can expand her garments business and she wil be able to hire 8 people.
€10,200
Amount
3.00%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €10,200 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 10 days on 11 April 2015.
The project
Taytay Rizal is known to be the garments capital of the Philippines. Being a residence in Taytay Rizal, Lilibeths parent started to be a subcon in year 1985 naming it Betchay Garments which eventually grow until Lilibeth take over the business on a later date. As Lilibeth manages the business, she maintains the good and quality service they provide, that they were able to purchase twenty two sewing machines, had more regular clients and continuously supplies their product in Rizal and around Manila area. Her workers are three males and thirteen females, mostly housewives given with weekly salary and free meal and accommodation. Being active with the church, Lilibeth and family continuously supports their church activity by giving out clothes for those who are in need. Lendahand in partnership with NPFC, will help Lilibeth Pineda to acquire additional working capital to have business expansion and to employ eight more workers.Company name | NPFC |
CEO | Lilibeth Pineda |
Founded | 1985-01-01 |
Location | Taytay, Rizal |
Sector | Manufacturing / Production |
Turnover | €26,297.56 |
Employees | 16 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 8 jobs are created
- With this investment 32 lives are improved
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We have already contributed to Betchay Garments
Inge ter Horst
Arno Huibers
Huub Huijsmans
A. Pronk
+ and another
10
investors