Freddie's Garments

Salidem would like to purchase better materials to make higher quality clothing. Therefore she needs EUR 1,600.

funding gap emerging markets
NPFC
Empresa
Filipinas
País

El proyecto

Ms. Erezuela was formerly quality control personnel of First Cavite Industrial Economic Zone (FCIEZ). He/She met his/her husband/wife in the same company and they both resigned after 16 years of employment to put up their own rag making/garments business. Their business has been operational for 14 years, starting with 1 sewing machine which they were able to buy from their savings. They made rags from pieces of textiles and, as their business progressed, they also started making school and office uniforms. They eventually hired their neighbors (as sub-contractors) to accommodate the increasing orders. At present, they employ 8 workers who enjoy free meals and other financial incentives (bonuses). They were referred by an existing NPFC client. They will use their loan as additional working capital – specifically, to purchase raw materials which will help boost their sales.

NPFC

Director general
Salidem Erezuela
Fundado
2009-01-01
Ubicación
Cavite
Sector
Producción manufacturera
Volumen de negocio
€19,845.93
Empleados
8
€1,600recaudado
Financiación completa en 1 díaen 6 Diciembre 2014.
5inversores
Invertir en microfinanzas
€1,600
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