Butane gas marketing

Adama Millogo

Bobo Dioulasso, Burkina Faso

100% repaid

Entrepreneur

Name

Adama Millogo

Location

Bobo Dioulasso, Burkina Faso

On-time repayments

26 monthly installments  •  81%

About Me

My name is Millogo Adama. I was born on December 31 1986 in Molokadoum, in the Satiri village department, 50 km ca. from Bobo Dioulasso. Though raised in a family of farmers, I was lucky enough to have the chance to go to school at the age of 8. Everything went fine and I got my Primary School certificate. I then continued my studies at the Ouezzin Coulibaly secondary school in Bobo Dioulasso while staying at my uncle's home. There, I obtained my Secondary School certificate. I decided to leave my studies after the first class to go into business of gas retail.

My Business

The butane gas sector in Burkina Faso is regulated by the state. Laws define the roles of different actors involved in the supply chain, including importers, distributors and retailers.

Importation
The national Burkina Faso Hydrocarbons Company (SONABHY) has the monopoly over the import and storage of all liquid and gas hydrocarbons in Burkina Faso. Butane gas import is subsidized by the State. Prices are fixed by the Department of Trade, Industry and Craft.

Retail
The retailers are the actors at the end of the distribution circuit, and it is from them that consumers buy butane gas. Retailers sign exclusivity contracts with the distributors.

The distributors are also named marketers, and are also responsible for transferring the product from the storage stage to SONABHY for consumption. There are 4 distributors in Burkina Faso: SODIGAZ-APC, TOTAL, ORYX and PETROFA.

At the moment I'm bound to the distributor ORYX which delivers gas regularly. I pay 1600 francs for a 6 kg tank that I resell for 2000 francs. I pay 4600 francs for the 12 kg tank that I sell for 5000 francs. On average, I sell 15 tanks a day, 10 of the 6 kg tanks and 5 of the 12 kg tanks. Your support will facilitate the growth of my business.

Loan Proposal

The area of butane gas in Burkina Faso is governed by laws and regulations --other rules define the roles of the different actors involved in the various links in the chain that is the import, distribute, and the dealers.
The Import
This is the Burkinabe National Hydrocarbons Corporation (SONABHY) qui: has a monopoly on the import and storage of liquid and gaseous hydrocarbons all in Burkina Faso. Butane gas imports are subsidized by the Burkinabe state. To this end, different prices are set by order of the Ministry of Commerce, Industry and Handicrafts.
The distribution dealers resellers are the actors at the end of the chain distribution. It is from them that consumers buy butane gas. Dealers signed exclusive contracts with distributors. Distributors also known as marketers, are in charged of getting the product from the placement of storage SONABHY to the place of consumption. Distributors are 4 in number in Burkina Faso: Sodigaz-APC, TOTAL, and ORYX PETROFA Currently I am connected to the distributor who Delivers me ORYX Gas Regularly I take the bottle of 06 kg from my distributor to 1600 francs and sold 2,000 francs. The bottle of 12 kilo costing 4600 francs from my dealer and I resell to 5000 francs. Most days I sell on average 15 bottles Including 10 bottles of 6 kg and 05 bottles of 12 kilos. Your support will be very beneficial to me for the second time that I thrive in this activity.

Show original Français  

About Me

My name is Millogo Adama, and I was born on 31 December 1986 in Molokadoum, in the department of Satiri village located about 50 km from Bobo Dioulasso. Coming from a farmer's family, I was lucky enough to leave school at the age of 8. I did not experience any difficulties until I obtained my Primary Study Certificate. I subsequently continued my high school studies with my uncle at Bobo Dioulasso at the Ouezzin Coulibaly High School and I obtained my Second Learning Certificate. I decided to drop the studies after the 1st class to dedicate myself in the trade precisely in the distribution of Gas.

My Business

he butane gas sector in Burkina Faso is governed by laws and other regulatory provisions, which define the roles of the various actors involved in the various links in the chain, namely import, distribution and resellers.
The Importation
It is the Burkina Faso National Hydrocarbons Corporation (SONABHY) which has a monopoly on the import and storage of all liquid and gaseous hydrocarbons in Burkina Faso. Imports of butane gas are subsidized by the Burkinabè State. To this end, the various prices are fixed by decree of the Ministry of Commerce, Industry and Handicrafts.
The distribution

Resellers
Resellers are the players located at the end of the distribution circuit. It is with them that consumers buy butane gas. Resellers sign exclusive contracts with distributors.
Distributors, also known as marketers, have the responsibility to transfer the product from its storage stage to SONABHY at the stage of consumption. There are four distributors in Burkina Faso: SODIGAZ-APC, TOTAL, ORYX and PETROFA
Currently I am connected to the distributor ORYX which delivers to me the gas regularly. I take the 6 kg bottle from my distributor at 1600 francs and resold 2000 francs.
The bottle of 12 kilos costs 4600 francs with my distributor and I resell it to 5000 francs.
In days I sell on average 15 bottles including 10 bottles of 6 kilos and 05 bottles of 12 kilos.
Your support will be very beneficial for me to prosper in this activity.

Loan Proposal

The area of butane gas in Burkina Faso is governed by laws and other regulations which define the roles of the different actors involved in the various links in the chain that is the import, distribution and the dealers.
The Import
This is the Burkinabe National Hydrocarbons Corporation (SONABHY), which has a monopoly on the import and storage of all liquid and gaseous hydrocarbons in Burkina Faso. Butane gas imports are subsidized by the Burkinabe state. To this end, different prices are set by order of the Ministry of Commerce, Industry and Handicrafts.
the distribution

dealers
Resellers are the actors at the end of the distribution chain. It is to them that consumers buy butane gas. Dealers signed with distributors exclusive contracts.
Distributors also known as marketers, are in charge of getting the product from the stage of storage SONABHY its stage of consumption. Distributors are 4 in number in Burkina Faso: Sodigaz-APC, TOTAL, and ORYX PETROFA
Currently I am connected to the distributor who delivers me ORYX gas regularly. I take the bottle of 06 kg from my distributor to 1600 francs and sold 2,000 francs.
The bottle of 12 kilo costing 4600 francs from my dealer and I resell to 5000 francs.
For days I sell on average 15 bottles including 10 bottles of 6 kg and 05 bottles of 12 kilos.
Your support will be very beneficial to me for the second time that I thrive in this activity.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$303.14

Date disbursed

Feb 9, 2015

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Lender interest: $303.14 at 4.50% annual rate over 9 months = $10.27

Service fee: $11.41

Lenders

Zidisha

Sterling, United States

K

Katehar

Maple Valley, WA, United States

J

jwharding

Hamburg, Germany

J

janharg

Garland, Tx, United States

U

UmSaeed

Southfield, United States

D

Dave22202

Arlington VA, United States

Alina

Amsterdam, Netherlands

A

Aaron

Zurich, Switzerland

W

WellingtonPFClass

Columbus, Oh, United States

C

cescotet

Needham, United States

B

Bluejay

Magrath, Canada

OlyRhys

Olympia, United States

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

L

lilbsedz

Raleigh, United States

T

Tui1974

nuenen, Netherlands

R

Rearden

STAVANGER, Norway

HMS_5th_Grade

Honolulu, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

N

Neveda

Flagstaff, United States

U

UTLonghorn

Lincoln, United States

N

Navigator

Alavus, Finland

K

Krishroff

Dubai, United Arab Emirates

PulsoJewelry

Los Angeles, United States

J

jocke

Stockholm, United States

Hedwich

Gorssel, Netherlands

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

P

Pavane

Kungsbacka, Sweden

T

ThereIsNoGod

Singapore, Singapore

A

alettore

Schleinikon, Switzerland

somuchjackson

Boston, United States

E

Esseni

Cincinnati, United States

R

rosebo

Bend, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

M

mibrahim51

Mountain View, United States

mfrost3

Dakar, Senegal

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

D

dj9812

United States

TomF925

www.AfricaLeap.com, United States

C

cktsai

United States

M

Morgan1301

United States

L

liseman

United States

D

DanielW

United States

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

Paul Buchheit

Mountain View, United States

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