Automobile repair workshop/garage

Victor

Kaduna, Nigeria

100% repaid

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How it Works

Entrepreneur

Name

Victor

Member since

October 2019

On-time repayments

84 installments • 49%

About Me

I am an entrepreneur that owned and operates an Automobile Repairs Garage/Workshop. I needed this loan to augment my working capital in running the operation of the Automobile repairs workshop. We needed to keep stocks of fast moving spare parts such as engine oil, oil filters, fuel filters, brake pads and spark plugs that are needed for routine services.

We also want to purchase spare parts for overhauling of 2TR engine of Toyota Hilux 2012 model. Overhauling parts to be purchased include main and metal bearings, top cylinder gasket, oil pump, valve seals etc

My Business

I have an Automobile repair workshop that I generate daily income from. At the Auto repairs garage, we rendered services to both individual and corporate customers and this requires us to have stocks of spare parts needed for on-demand services. Our Services include routine maintenance, mechanical and electrical repairs, accident body recovery and painting, tyre services such as balancing and allignment of wheel. We also offer training to large fleet owners.

Loan Proposal

I will use the loan to buy and keep inventory of spare parts such as Engine oil, oil filter, fuel filter , spark plugs, brake pads,air filter and AC filter. These parts are fast moving and as such will increase our speed of attending and meeting our customers need. This will result to quick service delivery and customer satisfactions. We would retain the customer and increase our turnover and profitability. This Loan should at least generate a minimum profit of N8,500.00