Photo - Amaravi Creatives
50198

Amaravi Creatives

Youth Creative Center Malawi

Malawi
Market: Another
Stage of the project: Idea or something is already done

Date of last change: 10.11.2020
Min amount of loan
$  80.000
Estimated yield
15 % a year
Total required
$ 134.211
Rating
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Idea

To create a platform that enables the creative youth in Malawi to explore and grow their artistic/creative skills. The platform also provides a platform that enables them to earn from their creations.

Current Status

Engaging investors and executing first phase of the project ( Project Initiation).

Market

The project targets the youth (Under the age of 35) currently interested or skilled with creative knowledge but challenged due to the lack of resources. The project seeks to provide them with necessary resources whilst also creating a market base for their products

Problem or Opportunity

An opportunity to give Malawian youth a platform that allows them to explore, grow and improve their creative skills with access to the necessary material requirements. The projects also seeks to provide a platform where they can showcase and earn from their various skills.

Competitors

There are currently no direct competitors but other alternatives that people seek/utilize are microfinancing organising which provide capital for them to fund their craft.

Advantages or differentiators

The advantage of this project is that it creates opportunity and has the potential to attract a large number of youth.

What sets apart from other alternatives is that we are not microfinancing but rather providing resources for the creation of products which can be sold and we acquire a percentage of the profits.

Loan terms

60 months

Interest rate, %

15

Solution (product or service)

The project has huge potential to create a lot of job opportunities whilst also generating income for the creator, the company and our investors through the trade of creative products.
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
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