Résumé

THIRD LOAN

“VJA Accents and Souvenirs Enterprises “ was founded in 2005, solely owned by Maridol ‘Dol’ Juanich from the province of Cebu. The business focuses on seashell handicrafts or also called as shell crafts. It was established with the used of Dol’s separation pay from her previous work, where she also gained her knowledge and experience in shell craft designs, manufacturing, and product exporting. The company where Dol used to worked from is an export business that shut down because of the financial crisis in United States of America (U.S.A) which totally affected the business. One of its client approached Dol to what she can offer him, this became the open window for Dol and spouse to tap clients from multiple countries abroad. 

At present, Dol is employing 27 regular workers that receives an above minimum salary, benefits, including 13th month pay and bonuses. An additional 100 household workers are also employed. From the previous loan proceed that Maridol has acquired in NPFC she was able to serve additional five more clients, two of which are companies based in U.S.A. 

With this, Maridol will be needing additional working capital loan to cater all purchase order of her old and new clients.