Inventory and renovation for my motorbike spare parts store
Jean Wendpanga
Bobo Dioulasso, Burkina Faso
14% repaid
Entrepreneur
Name
Jean Wendpanga
Member since
February 2013
On-time repayments
93 installments • 52%
About Me
We are 7 in our family. Two men (my father and I), and 5 women (my mother and 4 sisters). My father is a livestock and agricultural farmer, which allows him to pay for the family's expenses. The family lives in Ouagadougou, and I am located in Bobo Dioulasso because I work at ANATRANS SARL. Thanks to this job, I was able to launch my business, selling spare parts for motorbikes and mopeds. I had to start this business because my monthly salary was not enough to cover my personal expenses and those of my family, which often struggles. I have only started 3 months ago and I can already see that the business is profitable because I can pay the store's rent, the salary of a worker I have hired to take care of sales, and a surplus that allows me to pay for absolute necessities as well as help my family pay for the tuition of my sisters and sickness expenses. I would like to expand my store but I am lacking funds.
My Business
My business is WENDPANGA PIECES DETACHEES. WENDPANGA was chosen after my own first name, and means the Strength of God in the Mooré language.
The business is the sale of spare parts for anything on two wheels. I am in charge of supplying merchandise from wholesale re-sellers downtown to my store in Colma, as well as everyday inventory checks for each parts category. My employee is in charge of sales and keeping the sales book up to date. She mentions the sales for the day and the price, and I then transfer this into my computer at the end of the day. This allows me to analyze the data and know what products sell better and which products increase my margins. At this stage, my only fear is being burgled, as I have not yet hired a watchman for the night.
I currently pay 15,000 CFA to my salesperson and 7,500 CFA to rent the store. Soon, the electricity and the watchman fees will be added, as I plan to electrify with SONABEL. Clients come to me because there aren't other similar stores in the neighborhood and because everything they buy can be installed on their vehicle, since there is a mechanic right next to my store.
These are the reasons that have led me to start this business:
- The number of motorcycles grows with every day, as more and more people need them to get from point A to point B
- This causes more parts to become used and break, therefore they need to be replaced
- This business will make a profit that will help pay employees and lower the unemployment rate, reduce taxes, and much more.
Loan Proposal
With the same trends and will thrive in I want my pieces trade activity detached by the loan you dear you will give me the third time. I am happy because I was able to profit from the past ready and more I could repay all before time. I intend to invest this money in the procurement of goods and also renovate my store to attract customers.
About Me
Notre famille est composée de 7 personnes soit 2 hommes(mon père et moi) et 5 femmes(ma maman et 4 sœurs). Mon père est cultivateur et éleveur ,ce qui lui permet de subvenir les dépenses de la famille.Cette famille est à Ouagadougou et moi je suis à Bobo Dioulasso à cause de mon travail à ANATRANS SARL.C'est grâce à ce travail que j'ai pu demarer mon petit commerce de pièces détachées des engins à 2 roues.J'ai eu à me lancer dedans car mon revenu mensuel ne couvre pas mes dépenses propres et certaines de ma famille qui est souvent dans des grandes difficultés.J'ai commencé cet activité de commerce il y'a à peine 3 mois et je constate qu'elle est rentable car j'arrive à payer la location de la maison de vente, la personne que j'ai engagé pour s'occuper de la vente et un surplus pour que je puisse subvenir à certaines de mes dépenses vitales et aussi envoyer à ma famille pour quelques frais de scolarité de mes sœurs et les cas de maladies des membres de la familles.Présentement j'ai le désir d'agrandir mon lieu de commerce mais j'ai un manque de fonds.
My Business
Mon entreprise est WENDPANGA PIECES DETACHEES.Le nom WENDPANGA est choisi de mon propre prenom qui veut dire en langue Mooré LA FORCE DE DIEU.L'entreprise fonctionne sur la vente des pièces détachées c'est à dire les pièces de remplacement des engins à 2 roues.Je me charge de l'approvisionnement des marchandises de chez les revendeurs grossistes(centre ville) jusqu'à mon lieu de vente(Colma) et du contrôle journalier du stock de chaque catégorie de pièces.La personne que j'ai engagée s'occupe de la vente et remplie à chaque fois le cahier de vente.Dans ce cahier elle mentionne tout ce qu'elle a vendu dans la journée avec les prix et moi j'enregistre tout en fin de journée dans mon ordinateur.Ce qui me permet de faire des analyses pour savoir quelle marchandise est le plus payé par les clients et laquelle me fait gagner plus de bénéfice.Actuellement je crains seulement le risque de cambriolage car je n’ai pas encore engagé une personne pour s’occuper du gardiennage la nuit. Pour le moment, chaque mois je paie 15000F CFA à la personne que j’ai engagée pour la vente et 7500F CFA pour la location de la maison de vente. Dans peu de temps ,s’ajouteront les factures d’électricité car je compte faire venir le courant de la SONABEL pour l’éclairage et la paie du gardien de nuit. Les clients viennent payer avec moi car il n’y a pas un autre endroit de vente de ce genre dans les environnants et aussi tout ce qu’ils payent sera monté sur leur engin et il y’a un réparateur mécanicien tout juste à coté de mon entreprise qui s’en occupe. Les raisons qui m’ont poussé à me lancer dans ce genre de commerce sont que j’ai d’abord remarqué que le nombre de moto s’augmente de jour en jour parce que chaque habitant de la ville veut s’en procurer pour pouvoir se déplacer librement à tout moment, pour se rendre à n’importe quel endroit de son choix et la circulation de ces engins entraine forcement l’usure des pièces et celles-ci doivent être nécessairement remplacées et enfin ce commerce va engendrer des bénéfices qui serviront entre autres pour la paie de la vendeuse d’où la diminution du chômage, les taxes de l’Etat burkinabè et j’en passe.
Loan Proposal
Avec les même tendances et la volonté je veux prospérer dans mon activité de commerce de pièces détachées par le prêt que vous chers vous allez me donner pour la troisième fois. Je suis heureux car j'ai pu faire des profits avec le prêt passé et en plus j'ai pu tout rembourser avant le temps. Je compte investir cet argent dans l'approvisionnement en marchandise et aussi rénover mon magasin pour attirer la clientèle.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$2,852.00
Date disbursed
Aug 4, 2015
Repayment status
Late
Projected term
75 months
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Summary
Amount repaid
$415.89
Amount remaining
$2,579.39
Expected completion
Mar 15, 2021
Status
Repaying late
Installment amount
$17.27
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 15, 2015 | $17.27 | Sep 25, 2015 | $17.27 |
| Oct 15, 2015 | $17.27 | Oct 21, 2015 | $17.27 |
| Nov 15, 2015 | $17.27 | Oct 21, 2015 | $0.17 |
| Nov 26, 2015 | $17.10 | ||
| Dec 15, 2015 | $17.27 | Nov 26, 2015 | $0.17 |
| Dec 23, 2015 | $17.10 | ||
| Jan 15, 2016 | $17.27 | Dec 23, 2015 | $0.35 |
| Jan 25, 2016 | $16.93 | ||
| Feb 15, 2016 | $17.27 | Jan 25, 2016 | $0.52 |
| Feb 25, 2016 | $16.75 | ||
| Mar 15, 2016 | $0.52 | Feb 25, 2016 | $0.52 |
| Apr 15, 2016 | $17.27 | Mar 23, 2016 | $17.27 |
| May 15, 2016 | $17.27 | May 23, 2016 | $17.27 |
| Jun 15, 2016 | $0.17 | May 23, 2016 | $0.17 |
| Jul 15, 2016 | $17.27 | Jul 25, 2016 | $17.27 |
| Aug 15, 2016 | $17.27 | Jul 25, 2016 | $0.17 |
| Aug 24, 2016 | $17.10 | ||
| Sep 15, 2016 | $0.35 | Aug 24, 2016 | $0.35 |
| Oct 15, 2016 | $17.27 | Oct 24, 2016 | $17.27 |
| Nov 15, 2016 | $0.17 | Oct 24, 2016 | $0.17 |
| Dec 15, 2016 | $17.27 | Nov 9, 2016 | $17.27 |
| Jan 15, 2017 | $17.27 | Dec 15, 2016 | $17.27 |
| Feb 15, 2017 | $17.27 | Dec 19, 2016 | $17.27 |
| Mar 15, 2017 | $17.27 | Jan 30, 2017 | $6.91 |
| Mar 21, 2017 | $10.36 | ||
| Apr 15, 2017 | $17.27 | Mar 21, 2017 | $0.17 |
| Apr 25, 2017 | $17.10 | ||
| May 15, 2017 | $17.27 | Apr 25, 2017 | $0.17 |
| May 23, 2017 | $17.10 | ||
| Jun 15, 2017 | $17.27 | May 23, 2017 | $0.17 |
| Jul 15, 2017 | $17.27 | ||
| Aug 15, 2017 | $17.27 | ||
| Sep 15, 2017 | $17.27 | ||
| Oct 15, 2017 | $17.27 | ||
| Nov 15, 2017 | $17.27 | ||
| Dec 15, 2017 | $17.27 | ||
| Jan 15, 2018 | $17.27 | ||
| Feb 15, 2018 | $17.27 | ||
| Mar 15, 2018 | $17.27 | ||
| Apr 15, 2018 | $17.27 | ||
| May 15, 2018 | $17.27 | ||
| Jun 15, 2018 | $17.27 | ||
| Jul 15, 2018 | $17.27 | ||
| Aug 15, 2018 | $17.27 | ||
| Sep 15, 2018 | $17.27 | ||
| Oct 15, 2018 | $17.27 | ||
| Nov 15, 2018 | $17.27 | ||
| Dec 15, 2018 | $17.27 | ||
| Jan 15, 2019 | $17.27 | ||
| Feb 15, 2019 | $17.27 | ||
| Mar 15, 2019 | $17.27 | ||
| Apr 15, 2019 | $17.27 | ||
| May 15, 2019 | $17.27 | ||
| Jun 15, 2019 | $17.27 | ||
| Jul 15, 2019 | $17.27 | ||
| Aug 15, 2019 | $17.27 | ||
| Sep 15, 2019 | $17.27 | ||
| Oct 15, 2019 | $17.27 | ||
| Nov 15, 2019 | $17.27 | ||
| Dec 15, 2019 | $17.27 | ||
| Jan 15, 2020 | $17.27 | ||
| Feb 15, 2020 | $17.27 | ||
| Mar 15, 2020 | $17.27 | ||
| Apr 15, 2020 | $17.27 | ||
| May 15, 2020 | $17.27 | ||
| Jun 15, 2020 | $17.27 | ||
| Jul 15, 2020 | $17.27 | ||
| Aug 15, 2020 | $17.27 | ||
| Sep 15, 2020 | $17.27 | ||
| Oct 15, 2020 | $17.27 | ||
| Nov 15, 2020 | $17.27 | ||
| Dec 15, 2020 | $499.21 | ||
| Jan 15, 2021 | $499.21 | ||
| Feb 15, 2021 | $499.21 | ||
| Mar 15, 2021 | $477.43 | ||
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