Omaque Workx 2

With EUR 2,000 Eleanor can sustain the growth of her fashion business and supply to more shopping malls.

funding gap emerging markets
NPFC
Company
Philippines
Country

The project

2e LENING

Eleanor Omaque from Cebu City, is a graduate of Bachelor of Science in Hotel and Restaurant Management (BSHRM). From her young age, she started as a part-time worker in Omaque Art & Craft, a company owned by his older brother. As she graduated from school, she continued working in the same company for 15 years, where she gained enough knowledge and skills. In year 2012, Eleanor started to put up her own accessory business in line with her skills, and serves as a sub-contractor of her older brother. In 2015, the business was formally registered in Department of Trade and Industry (DTI) under the name “Eleanor Beaded Workx”. 

She mainly focused in making fashion accessories and hand bags made out of natural raw materials, such as, sea shells, coco, and wood. With the quality of her products, she was able to serve high class clients, like, Imee Marcos, Iren Araneta, and owners of Norkis Philippines and Daily Inquirer. At present, she employs 10 workers, including person with disability (PWD), provided with weekly salary and free meals. 

Lendahand, together with its local partner NPFC, will help Eleanor Omaque to acquire working capital to buy additional raw materials to sustain the production of orders from her buyers.

NPFC

CEO
Eleanor Omaque
Founded
2012-01-01
Location
Bulacao, Cebu City
Sector
Wholesale / Retail
Turnover
€50,374.34
Employees
10
€2,000raised
Fully funded in 8 hours on 31 July 2015.
12investors
Invest in microfinance
€2,000
target
3.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved