We produce environmental friendly, handmade, home decor products and self-portraits by upcycling old clothes and other waste material. We work in a cooperative model, providing employement to skilled women at home
Yudecor sells a variety of environmental friendly handmade homedecor products like flowerpot,scented candles in shapes and size, portraits and sketches by upcycling old clothes,plastic and other waste material, provides employement to women without any necessary educational qualification and trains them. 30% of each product's profit is used to feed the stray animals. The channels used to advertise and reach customers- Social media, social network, local markets and neighborhood.
Total investment from seed money is 14000. The team sold a total of 65 products, making a total profit of 25000rupees. As part of what we use is upcycled, we get a profit margin of 200% on the products sold. For instance, a product with cost price Rs. 50 has a selling price of Rs. 150 giving a profit of Rs.100
For further growth of the business, support is required in terms of capital (Rs. 70,000) and a mentor who guides the core team related to marketing, branding and advertising the products. Breakout for the capital required- Rs. 20,000 each for purchasing raw material and material for decoration like equipment, white cement, fragrances for candles, flowers, etc. Rs. 20,000 for networking and advertising on social media and e-commerce platforms. 10,000 as emergency funds for the business.