Elmon Footwear

With a loan of EUR 1,800 we'll enhance Marcelito's chances to realize his ambitions and the start of a new business.

funding gap emerging markets
NPFC
Empresa
Filipinas
País

El proyecto

In 1981, Marcelito Elpa started to manage his business. At first, Marcelito used to be an employee of a law office, but when he decided to leave the company, his godbrother gave him its footwear business, and named it Elmon Footwear. For over 34 years, his spouse and son helps him in sales and operation. Before, they used to supply their products in some mall, but due to competition they decided to focus in their store at Liliw Laguna and maintaining its production and sales. The family business employs six male and four female workers given with free accommodation aside from the weekly salary they receive. For the long run, he still dreams of having his footwear an expansion together with his furniture business. Together with Lendahand’s partner NPFC is helping Marcelito Elpa in acquiring additional working capital for purchasing of additional raw materials to boost the production.

NPFC

Director general
Marcelito Elpa
Fundado
1981-01-01
Ubicación
Liliw Laguna
Sector
Producción manufacturera
Volumen de negocio
€46,799.30
Empleados
10
€1,800recaudado
Financiación completa en 12 horasen 20 Febrero 2015.
3inversores
Invertir en microfinanzas
€1,800
Objetivo
3.0
%
Interés
12
meses
Vencimiento
6
meses
Reembolsos
A
B
C
D
E
Calificación de crédito

Impacto

1
Trabajos creados
4
Vidas mejoradas