Lulay's Subcon

Teresa needs a loan of EUR 5,800 to be able to replace the old sewing machines in her clothing business.

funding gap emerging markets
NPFC
Empresa
Filipinas
País

El proyecto

From a simple employee to owner of a growing sub-con of clothing business, this is how Teresa Monzones started her business. In 1994, Ms. Monzones and her spouse decided to step out from their careers and set up their garments business - creating school uniforms and dress for kids and adults. With the craft they have chosen, they were able to employ some of their neighbors. At present, they employ 14 employees wherein they provide free accommodation and meals. In their desire to help their community, they granted 1 of their employees a full scholarship, and have the ambition to do the same for more employees.

Together with local partner NPFC Lendahand will support them by granting a loan intended to overhaul their sewing machines and additional working capital to meet the demands of their growing number of clients. The loan will be repaid in 18 months.

NPFC

Director general
Teresa Monzones
Fundado
1994-01-01
Ubicación
Alaminos Laguna
Sector
Producción manufacturera
Volumen de negocio
€75,054.74
Empleados
14
€5,800recaudado
Financiación completa en 45 díasen 18 Noviembre 2014.
20inversores
Invertir en microfinanzas
€5,800
Objetivo
3.0
%
Interés
18
meses
Vencimiento
6
meses
Reembolsos
A
B
C
D
E
Calificación de crédito

Impacto

3
Trabajos creados
12
Vidas mejoradas