Flora Handicrafts

Flora would like to export more wind chimes to China. With a loan of EUR 4,700 she can realize this.

funding gap emerging markets
NPFC
Empresa
Filipinas
País

O projeto

Flora Handicraft, a business that focus on seashell, cocoshell and woodcraft is owned by a sixty three (63) year old, Flora Baclay. The client and her husband Virgilio were former factory workers of an international rattan furniture company in Mandaue for several years (7) before they decided to have their own business. Flora Handicraft is now on its 30th year in business operation with fifteen (15) in-house workers but sixty percent (60%) of its production is composed of household job-outers. These job-outers were paid upon delivery of the products they made in their individual houses and their salary is based on the number of the products they delivered.

Wall décor, shell curtain and wind chime are some of the products of Flora Handicrafts. The business sells the products locally but is also subcontracting with local exporters and at the same time exporting products directly to China and other nearby countries.

Lendahand partner’s NPFC supported Flora Handicrafts in acquiring additional capital to purchase the necessary raw materials needed to produce the products which are ordered from other countries.

NPFC

DIRECTOR EXECUTIVO
Flora Baclay
Fundada
1984-01-01
Localização
Mandaue city Cebu
Sector
Fabrico / Produção
Volume de negócios
€58,968.05
Empregados
15
€4,600levantada
Totalmente financiado em 29 dias em 24 julho 2014.
9investidores
Investir no microfinanciamento
€4,600
objetivo
3.0
%
Interesse
12
meses
Maturidade
6
meses
Reembolsos
A
B
C
D
E
Pontuação de crédito

Impacto

2
Empregos criados
8
Vidas melhoradas