Feasibility Study Coir Twine HA
3.0 PROJECT BACKGROUND
3.1 Project Proponents
NAME
NATIONALITY
ADDRESS
% OWNERSHIP
Allida, Joseph Kenneth
Filipino
Mercury Street, Toril, Davao City
26,641.11
Cedeno, Resheny C.
Filipino
165 Iba Rd. Central Park, Bangkal
26,641.11
Duque, Christian A.
Filipino
Dona Vicenta road 6, Bajada
26,641.11
Hong, Xylon Kevin C.
Filipino
Bonifacio Street, Davao City
26,641.11
Langusta, Novem Claire
Filipino
Brgy. 5-1 Musni Apt. J-Rizal Ext.
26,641.11
Lucas, Mae Stephanie Y.
Filipino
El Rio Vista Village, Bacaca Rd.
26,641.11
Roque, Maricor A.
Filipino
Vincent Heights, Lanang
26,641.11
Sartagoda, Cristopher
Filipino
New Pandan Manyalac , Panabo City
26,641.11
Soriano, Stephanie Anne
Filipino
91-Nacilla Village, Ma-a, Davao City
26,641.11
This business is proposed to be a partnership company and the principal owners are Joseph Kenneth Allida, Resheny Cedeno, Christian Duque, Xylon Kevin Hong, Novem Claire Langusta, Mae Stephanie Lucas, Maricor Roque, Cristopher Sartagoda, Stephanie Anne Soriano. All the profits, liability and management duties are divided equally among partners.
3.2 Coir Twine Handicrafts and Accessories The name of the business is Coir Twine Handicrafts and Accessories. The partners came up with this name so that the customers can easily recognize the products because they are made of coco coir twine from the lush lands of Davao City, Philippines. Designed and handcrafted by the community of BJMP (Bureau of Jail Management and Penology). The products that the company will going to offer are handicrafts and accessories such as bags, purse, wallets, iPad cases and etc.
3.3 Types of Business Organization The proposed business is a partnership. It is a group of two or more persons to carry-on as co-owners of a business for profit. They share equal profit and losses. The reasons why the business owners chose the general partnership are because of the following:
1. It is inexpensive and easily formed business structure.
2. Each partner in the
3.1 Project Proponents
NAME
NATIONALITY
ADDRESS
% OWNERSHIP
Allida, Joseph Kenneth
Filipino
Mercury Street, Toril, Davao City
26,641.11
Cedeno, Resheny C.
Filipino
165 Iba Rd. Central Park, Bangkal
26,641.11
Duque, Christian A.
Filipino
Dona Vicenta road 6, Bajada
26,641.11
Hong, Xylon Kevin C.
Filipino
Bonifacio Street, Davao City
26,641.11
Langusta, Novem Claire
Filipino
Brgy. 5-1 Musni Apt. J-Rizal Ext.
26,641.11
Lucas, Mae Stephanie Y.
Filipino
El Rio Vista Village, Bacaca Rd.
26,641.11
Roque, Maricor A.
Filipino
Vincent Heights, Lanang
26,641.11
Sartagoda, Cristopher
Filipino
New Pandan Manyalac , Panabo City
26,641.11
Soriano, Stephanie Anne
Filipino
91-Nacilla Village, Ma-a, Davao City
26,641.11
This business is proposed to be a partnership company and the principal owners are Joseph Kenneth Allida, Resheny Cedeno, Christian Duque, Xylon Kevin Hong, Novem Claire Langusta, Mae Stephanie Lucas, Maricor Roque, Cristopher Sartagoda, Stephanie Anne Soriano. All the profits, liability and management duties are divided equally among partners.
3.2 Coir Twine Handicrafts and Accessories The name of the business is Coir Twine Handicrafts and Accessories. The partners came up with this name so that the customers can easily recognize the products because they are made of coco coir twine from the lush lands of Davao City, Philippines. Designed and handcrafted by the community of BJMP (Bureau of Jail Management and Penology). The products that the company will going to offer are handicrafts and accessories such as bags, purse, wallets, iPad cases and etc.
3.3 Types of Business Organization The proposed business is a partnership. It is a group of two or more persons to carry-on as co-owners of a business for profit. They share equal profit and losses. The reasons why the business owners chose the general partnership are because of the following:
1. It is inexpensive and easily formed business structure.
2. Each partner in the