Resumen

3rd LOAN

“Nicole Ann’s Collection” was solely owned by Ofelia Majam of Quezon City, Manila. She creates fashion apparel for kids, men, and women. From a kiosk in 2006, she has now been serving different branded apparels in Philippines. Also, fashion clothes has been distributed nationwide and exported. She has grown the business because of the designs and quality that she continuously creates for her customers. 

A total of 21 workers is presently employed that receives their food and shelter for free together with their piece rate compensation. Sometimes, Ofelia hire students as part-time worker. From the previous loan that she acquired, Ofelia was able to serve the purchase order of a Mall in Davao province. 

The present loan that she will acquire will be used to purchase additional raw materials, such as fabrics and accessories that will be used to meet the new orders received from other clients.