COFIDES finances the expansion of the footwear firm Flordeasoka in Paris with 100.000 euros

 

COFIDES has formalized a €100.000 loan to the Spanish SME Flordeasoka to finance the opening of its store in Paris . The operation, carried out through the FONPYME fund , aims to consolidate the presence of the handcrafted footwear brand in France, a strategic market in which it has operated since 2021.

 

Details of the financial transaction and destination of the funds

 

The financing provided by the state-owned company aims to cover the structural costs necessary for the brand's physical establishment in the French capital. Key expenses include personnel costs and the rent for the retail space. This move reinforces Flordeasoka 's growth strategy in one of Europe's most demanding and important footwear markets.

 

Institutional assessment: boost to "Made in Spain"

 

The financial institution highlighted the company's upward trajectory. COFIDES ' Corporate Investment Director , Miguel Ángel Ladero , praised the transaction, stating that " Flordeasoka 's evolution from a handcrafted brand to a company with a presence in more than 15 countries represents the dynamism and innovative capacity of small Spanish businesses."

 

Ladero added that, through this capital injection, "at COFIDES we want to contribute to consolidating its international expansion and strengthening the presence of Spanish design and production abroad."

 

Corporate profile: Craftsmanship and global presence

 

Founded in 2018, Flordeasoka is an SME specializing in handcrafted footwear, with a niche market focused on bridal and guest shoes. The company, which employs 22 women, maintains its production entirely in Spain.

 

The characteristics that define its value proposition in the international market include:

• Designed and manufactured in Spain: Total control of the production process in Spain.
• Personalization: Adapting the product to the needs of the end customer.
• Product qualities: Focus on timelessness and comfort.
• International scope: Current commercial presence in 15 countries.

 

 

Key points and frequently asked questions about the COFIDES – Flordeasoka operation

What financial instrument did COFIDES use for this operation?

The operation has been carried out using FONPYME (Fund for Investment Operations of Small and Medium-Sized Enterprises), an instrument managed by COFIDES intended to support the internationalization of Spanish SMEs.

What is the main objective of the €100.000 funding?

The loan is intended to cover the costs of setting up a company-owned store in Paris , including operating costs such as rent and staff recruitment.

What is Flordeasoka's position in the international market?

Despite being an SME founded in 2018, the firm already has a presence in 15 countries and has been operating in France since 2021, consolidating itself as a benchmark brand in "Made in Spain" formal footwear.