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funding gap emerging markets
Philippines

Balcita Footwear

  • NPFC
  • Invest in a Financial Institution
  • + 3 other investors
  • With a loan of EUR 4.000 Adora can prepare her shoe factory adequately with regards to the peak season.

    €4,000
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,000
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 10 July 2015.

      Summary

      Adora Balcita, is the sole owner of “Balcita Brother’s Footwear” in Liliw, Laguna. Since childhood, she is exposed in footwear manufacturing because of her parent’s business, where she gained her knowledge and experience. In 2008, Adora and spouse Erwin decided to put up their own shoe business, but it was officially registered in August 15, 2011. 

      With its seven years of continuous operation, Adora was able to hire six workers, provided with free meals and bonuses, aside from their compensation. Also, she has subcon workers, that are all housewives that does the embroidery for the footwears. Aside from maintaining her manufacturing area, she also has a store for product display. She supplies to ‘The Magic Group of Companies’ in Pangasinan which serves as one of her direct market. 

      Lendahand together with its local partner NPFC will help Adora Balcita to acquire working capital to purchase additional raw materials for the seasonal approach.

      Company nameBalcita Footwear
      CEOAdora Balcita
      Founded2008-01-01
      LocationLiliw Laguna
      SectorManufacturing / Production
      Turnover€63,019.45
      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 Balcita Footwear

      A. Pronk
      Marion van Wingerden
      Yvonne van der Laan
      + and another
      3
      investors