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
Compania
Filipine
Țara

Proiectul

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

CEO
Flora Baclay
Fondată
1984-01-01
Locație
Mandaue city Cebu
Sector
Fabricație / Producție
Cifra de afaceri
€58,968.05
Angajați
15
€4,600ridicat
Finanțare integrală în 29 zile pe 24 iulie 2014.
9investitori
Investiți în microfinanțare
€4,600
țintă
3.0
%
Interes
12
luni
Maturitate
6
luni
Rambursări
A
B
C
D
E
Scorul de credit

Impact

2
Locuri de muncă create
8
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