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
Entreprise
Philippines
Pays

Le projet

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

PDG
Marcelito Elpa
Création
1981-01-01
Lieu
Liliw Laguna
Secteur
Fabrication / Production
Chiffre d'affaires
€46 799,30
Employés
10
€1 800collecté
Entièrement financée en 12 heures sur 20 Février 2015.
3investisseurs
Investir dans la microfinance
€1 800
Objectif
3.0
%
Intérêt
12
mois
Maturité
6
mois
Remboursements
A
B
C
D
E
Cote de crédit

Impact

1
Emplois créés
4
Vies améliorées