LTM Urban Crafts

With a loan of EUR 1,800 Leona will be able to purchase more water hyacinth and expand her business.

funding gap emerging markets
NPFC
Selskap
Filippinene
Land

Prosjektet

Water Hyacinth or Water lily can be found in rivers that are fast growing plant covering the entire river. It is considered as harm and pest for the water because it blocks the air and sunlight for the fishes, and also causes flooding in the city. With a creative mind she has, Mrs. Leona Fe Edelloran of Pasig City, then decided to have a livelihood program in relation to water lily in 2006. Around 40 families are provided with jobs because they do harvesting, drying, and peeling its parts then sells it to Fe, where she uses as main raw materials in making different type of bags and home decorations. These family also makes Fe’s product.

With this kind of business she has, Fe has a huge contribution in the environment and to poor families in the area.

She sometimes join some local festivities or events held by local government and agencies which helps her in marketing her products.

In preparation for the upcoming rainy season and orders that received, Leona Fe will purchase 100 kilograms of water hyacinth which will be a big help in clearing the water resources. She will be assisted by NPFC and LendAHand.

Leona Fe Edelloran owns “LTM Urban Crafts, that started in 2006 at Nagpayong, Pasig City. 

NPFC

ADMINISTRERENDE DIREKTØR
Leona Fe Edelloran
Grunnlagt
2006-01-01
Beliggenhet
Pasig City
Sektor
Produksjon / Produksjon
Omsetning
€27,400.64
Ansatte
40
€1,800hevet
Fullt finansiert på 1 dag på 12 Mai 2016.
7investorer
Invester i mikrofinans
€1,800
mål
3.0
%
Interesse
24
måneder
Modenhet
6
måneder
Tilbakebetalinger
A
B
C
D
E
Kredittpoeng

Påvirkning

1
Skapte arbeidsplasser
4
Forbedrede liv