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Aug 19, 2016 12:53 EST

Eduardo – Headwear for true individuals. Each JUST ONCE hat is one-of-a-kind — in every sense — hand-crafted to the highest standard.

iCrowdNewswire - Aug 19, 2016

Eduardo

United States
 
 
Borrower image

Eduardo’s story

I grew up in Puerto Rico where I also went to college for Computer Engineering. I started developing my skills in the corporate tech world, where I worked for companies like HP and Microsoft. There, I learned the importance of operations, processes and systems. These experiences positioned me within a diverse group of professionals who came together to form cross-functional teams equipped with everything needed to deliver results. As a certified Scrum Master, I leverage my experience in our manufacturing process and product increments. My experience in operations, agile environments and creative teams have shaped me perfectly for JUST ONCE.

My most significant accomplishment has been the ability to persist with my vision, to pivot when needed and to finally break even in a very tough sector. The luxury fashion goods market is extremely competitive and dominated by companies that claim their heritage as their biggest value proposition, yet I was able to design and manufacture a product entirely in Puerto Rico that has proven its potential to dominate its sub-category globally, using a bit of my own money — but most importantly — revenue from sales right from the start. 

This loan is special because:

It supports a Puerto Rican entrepreneur that sells hand-crafted one of a kind fashion items.

Kiva staff

More about this loan

Business Description

Headwear for true individuals. Each JUST ONCE hat is one-of-a-kind — in every sense — hand-crafted to the highest standard.

Every single piece of hand-crafted, luxury headwear that leaves our workshop is one of a kind. By never repeating a design, we offer our customers total exclusivity in a market where mass produced products are the rule. Even so-called “limited edition” and “customized” offerings fall very short in comparison. This 1 of 1 concept is revolutionary today, but it is also traditional — mirroring our production method wherein we combine heritage craftsmanship techniques with cutting-edge designs. Our patterns are proprietary and our manufacturing and design processes would be very difficult for a potential competitor to replicate. They were built from the ground up using a mix of legacy and contemporary technologies. Our senior craftsman, striving for a perfect fabrication, developed many custom attachments to our machines, which themselves were modified and retrofitted for each step in the process. In addition, design and manufacturing happen in a very close, hands-on and collaborative way. Current technologies have enabled us to source the highest quality materials that are most appropriate to each design, and they allow us to reach our customers and deliver on our value proposition.

What is the purpose of this loan?

The loan will be spent in the following order: 1. Purchase Inventory – A total of $1,000 will be used to purchase fabrics and materials needed to produce 50 hats which will produce 10k in sales when each item is sold for $200. 2. Boost Advertising – A total of $1,000 will be used in Facebook ads for the 50 hats produced. A total of $20 per hat which currently yields the online sale. 3. Gain working capital – 3,000.

Our business will be impacted substantially since it will give us the opportunity to start producing in larger batches and produce the sales needed to make it profitable.

This loan will allow me to grow the business and employed the skilled workforce currently found in our surroundings of Corozal Puerto Rico.

About Just Once

Industry: Clothing
Years in operation: 1 year – 3 years
Website: justonce1.com 

A loan of $5,000 helps purchase inventory, boost our adverstising and gain working capital for my business.

Contact Information:

Eduardo

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