Restocking of new production

John

Accra, Ghana

100% repaid

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How it Works

Entrepreneur

Name

John

Member since

April 2015

On-time repayments

178 installments • 63%

About Me

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.

My Business

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.

Loan Proposal

Dear Zidisha;
I wish to express my profound gratitude to Zidisha for the previous loans granted me.

This loan will be used to restock my inventory with the new produced brands and styles in the Market. The New Brand in the Market will help me to meet the demand for the coming Christmas Festivities which will enable the Business to grow.

The Restocking of the inventory is the Business most priorities agenda to capture the attention of our customers.
Thank you