Essay About Student Nano-Financing Co. And Firm’S Mission

Empower Student Nano-Financing Co.
Dinhayan, Zara Jane A.Eduave, Esther Beiye P.Salan, Marielle S.Sondrita, Chris John Nicole S.Tanasas, Anjon A.Empower Student Nano-financing Co.Overview:        Empower Student Nano-financing is an institution that provides for short term, “nano” loans for students in the Bukidnon area. This firm is established to provide financial assistance to qualified applicants who are enrolled in higher education courses in the various universities within the geographic location. The firm’s mission, vision and philosophy are as follows:Mission: To provide financial assistance to students, with low interests and less bureaucracy in filing for such loans.Vision: To advance and promote education through helping students in providing them with short-term loans in order to build the foundations of their future. Philosophy: We believe that through financial assistance, students are able to pursue their dreams and aspirations. We also believe the elevation of society can be achieved through student empowerment.Target MarketGeographic Location: Bukidnon, PhilippinesSpecific Targets:Parents and guardians with children or dependents enrolled in a university within the areaStudents, male or female, enrolled in one of the various universities within the area.QuestionnaireSex:MaleFemaleParent’s annual income P10,000 belowP10,001-P50,000P50,001-P100,000P101,001-P150,000P150,001-P200,000P200,001-P250,000P250,001-P350,000P350,001-P500,000P500,001 and  aboveHow much do you usually need in a semester?P10,000-P25,000P25,001-P50,000P50,001-P75,001P75,000-P100,000P100,001 and aboveWhat will you do when you are facing financial problem?(You may choose more than one.)Borrow from relativesBorrow from Financial CompanyApply personal loan from bankCredit card overdraftPawn jewelleries/appliancesOthersHave you ever heard about student loan?YesNoHave you ever applied on a loan?YesNoIf your answer in no. 6 is ‘No’, are you willing to apply for one?YesNoWhat are the characteristics of student loan that you will more likely to apply?Repaid in series paymentsRepaid in a lump sumSet on a monthly basisNot clearWhat do you think about the loan that will be provided by the Empower Student Nano-financing Co.?High interest rateQuick ApprovalEasy to applyCan cooperate with real situationNot clearOthers