Lai?s Vegetables

With EUR 3,400 Lai can boost production so she can ultimately employ more local out of school youth.

funding gap emerging markets
NPFC
Företag
Filippinerna
Land

Projektet

Mirasol Morales is a graduate in Culinary Arts. After graduation she started working as production head of Vavaveggie Inc. Soon however, she decided to put her entrepreneurial skills in good use and start her own business called ‘’Lai’s Vegetables Products’’.

Mirasol, also known as “Lai” manages the operation of the business while her spouse helps her in purchasing and accounting matters. The business started as trader, but eventually evolved into manufacturing where they process and pack vegetables and deliver it to different restaurant chains locally. The key product they make is the sanitized ready-to-eat lettuce.

Ms. Lai employs 17 workers of which most have at least a high school diploma. All receive weekly pay with social security and healthcare benefits. She also helps the community by maintaining a feeding program for the kids of Pasig City, which just started this year.

Lai and her spouse wanted to employ more out of school youth to sustain the community and offer fair chances of employment. Lendahand is supporting Lai together with local partner NPFC in acquiring additional raw materials to boost the production. The loan’s maturity is 18 months.

NPFC

VD
Mirasol Morales
Grundat
2004-01-01
Plats
Pasig City
Sektor
Distribution och bearbetning
Omsättning
€116,163.79
Anställda
17
€3,400upphöjd
Fullt finansierat på 1 dagpå 31 December 2014
9investerare
Investeringar från lokala partner
€3,400
Finansieringsmål
3.0
%
Intresse
18
månader
Löptid
6
månader
Återbetalningar
A
B
C
D
E
Kreditvärdighet

Påverkan

2
Skapade jobb
8
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