M&W Sushi Bar

Warren will be able to put 5 people to work with a loan of EUR 4,200. He will open a new sushi bar.

funding gap emerging markets
NPFC
Empresa
Filipinas
País

O projeto

Location is one of the factors that must be considered in doing a business. This is evident in the sushi making business of the 31 year old, Mr. Warren Jose. He was able to put up his business in the Suki Market in Quezon City where most of his target clients usually go.

Before having his own business, Warren worked at Tokyo-Tokyo as a production crew member where he gained his knowledge in sushi making. After his employment at Tokyo-Tokyo, he worked as a helper in “Paluto sa Suki” where he then acquired further knowledge in running a business. This is also where destiny brought him to meet his wife Margie. The couple started their own venture in sushi making back in 2004 when their Ninang (God Mother) offered them space on a market site. Aside from sushi, M&W Sushi Bar also offers other types of Japanese food, like traditional Japanese barbecue and salads. These products are sold in the canteen of universities such as UST, MAPUA and De La Salle by their regular customers who order the products on a daily basis. They join bazaars and also entertain the demands of their customers even on holidays. Another aspect that made the business successful is the sushi making show in which customers are able to see how sushi and other products are created right in front of them.

Currently, the company employs 10 workers who are mostly relatives and neighbors, but they also hire extra workers in its peak season in December. The majority of the workers are stay-in, provided with free meals and vitamins. Aside from the just compensation that the workers receive, Margie and Warren also organize an outing every summer as their simple way of saying thank you to their committed employees.

Lendahand’s partner NPFC helped Warren Jose in acquiring additional working capital for the expansion of his business. The loan will be used to put up a new branch and also hire 5 additional workers for that branch and will be repaid in 12 months.

NPFC

DIRECTOR EXECUTIVO
Warren Jose
Fundada
2004-01-01
Localização
Quezon City
Sector
Comércio grossista / retalhista
Volume de negócios
€45,883.48
Empregados
10
€4,200levantada
Totalmente financiado em 33 dias em 29 outubro 2014.
7investidores
Investir no microfinanciamento
€4,200
objetivo
3.0
%
Interesse
12
meses
Maturidade
6
meses
Reembolsos
A
B
C
D
E
Pontuação de crédito

Impacto

5
Empregos criados
20
Vidas melhoradas