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funding gap emerging markets
Philippines

Elizabeth Footwear

  • NPFC
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 4,000 Elizabeth can increase the production of her shoe company and boost sales.

    €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 4 days on 23 July 2015.

      The project

      Elizabeth Consebido, from Liliw, Laguna established “Elizabeth Fashion Footwear” in 2012. It was named after her. Before starting the business, Elizabeth was a regular employee and an overseas filipino worker (OFW) for 16 years. Upon her return to the Philippines, she decided to put up her own footwear manufacturing, to help the people within her community. Having a footwear business is not new to her because it was a family business of her parents. 

      As of the moment, she employs five regular workers, provided with free meals and accommodation, aside from their salary. She also hires senior citizens that can still work. During peak season she hires additional five workers. Elizabeth’s regular buyers are from Binondo, Manila and Taiwan. 

      Lendahand, and its local partner NPFC, can help Elizabeth acquire additional working capital to buy raw materials to sustain its production.

      Company nameNPFC
      CEOElizabeth Consebido
      Founded2012-01-01
      LocationLiliw Laguna
      SectorManufacturing / Production
      Turnover€65,314.45
      Employees5

      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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