Confecciones La Mejor

Luis makes high quality knitted clothing. With a loan of EUR 5700 he creates 4 jobs and he can open a new store.

funding gap emerging markets
Eclof Colombia
Company
Colombia
Country

The project

Luis Francisco is the owner of ‘Confecciones La Mejor’, a company engaged in making high quality knitted clothing and cloths. For 15 years they have been manufacturing and selling products to wholesale as well as to stores directly. The company also has its own store and distributes products to different cities such as Tunja, Duitama, Bucaramanga and Cali.

The loan will be used to procure raw materials to be able to satisfy the increasing demand. Next to this, four new jobs will be created. For the future they are planning to open a second store in Bogotá.

Lendahand and its local partner grant this loan to Luis, payable in 18 months, to be able to make this ambition reality

Eclof Colombia

CEO
Luis Hernandez
Founded
1999-01-01
Location
Bogotá
Sector
Manufacturing / Production
Turnover
€36,683.22
Employees
1
€5,400raised
Fully funded in 43 days on 30 July 2014.
9investors
Invest in microfinance
€5,400
target
3.0
%
Interest
18
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

4
Jobs created
16
Lives improved