We produce unique jute and paper bags. We want to open our own factory to sustain our business, and are looking for investment for machines which will help us increase our production.
We make jute and paper bags of all different prices and sizes. These are potli bags which are very stylish and unique. We don't stitch these products but make them using ironing. We also make more products of jute and paper such as file covers.
We started with a seed capital of Rs. 14,000/-. We have made products of Rs. 9,000/- out of which we have sold 40 jute bags and 45 paper bags. We have a profit of Rs. 1,100/-. It costs us Rs. 63/- to make one product and we sell it for Rs. 80/-.
We want to open our own factory to sustain our business. We will also invest in machines that can be used properly on jute material, which will help us increase our production. We seek an investment of Rs. 60,000/- using which we will procure raw material, and also advertise our products online and offline.