Name
John
Member since
April 2015
On-time repayments
178 installments • 63%
My Story Life was very tough Education was very difficult; I started Junior Secondary School at the same time as Peasant Farmer.
As Peasant Farmer I was able grew and harvested more maize, cassava and vegetables this really helped me to afford all my Educational Bills.
Then after High School I became a Teacher till I started and finished my Tertiary Education. After my Tertiary Education I started my own Business called Mark Jap Ventures.
After my Tertiary Education I started my own Business called Mark Jap Ventures
My Business deals with Clothing Lines; depending on specific prints and order from my customers and prospective orders and contracts;
The Business concentration at the moment is purely on these prints: - Africa Prints, European Prints-Britain & Italian Designs, China Orders and Prints, and Mostly Ghanaian designs.
The African print the raw materials are bought from the Local Dealers. The African Designer will then design the specific and chosen styles, which will be sewed by the Designer and then we also pay for all the negotiated charges.
After that we will carter for transport & handling charges, marketing and sales cost.
The typical cost are;
a.) Cost of the Materials
b.) Designer & Sewing Cost
c.) Transport & Handling Cost
d,) Marketing Cost
c.) Sales Cost
Our Revenue is the 5% percentage on the selling price which is always underpriced because of higher level of cheaper substitute in the Market.
The business profit is used to reinvest for the betterment of the future prospect of the business.
The New Loan will be used to increase the current stock level.
The process will initiate from the list below;
1) The purchase of New Designs
2) The replacement of Finished Stock
3) The rebranding and repackaging of the first stock
4) The testing of new market with new trend and approach to increase sales.
I hope to achieve success after implementing very strong strategy aiming at attracting the customers.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$181.00
Date disbursed
Aug 11, 2015
Repayment status
On Time
Projected term
2 months
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