Gas retail

Adama

Bobo Dioulasso, Burkina Faso

100% repaid

Entrepreneur

Name

Adama

Member since

October 2014

On-time repayments

26 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 butane gas sector in Burkina Faso is regulated by laws which define the roles of the actors involved in the chain, who import, distribute and sell it.

Import
The national Burkinabé hydrocarbons company (SONABHY) has got the monopoly for the import and storage of all liquid and gas hydrocarbons in Burkina Faso. Butane gas import is subsidized by the State. Infact, the prices are fixed by the Department of Trade, Industry and Craft.

Distribution

Sale
The retailers are the actors at the end of the distribution circuit and users buy butane gas from them. The retailers have exclusivity agreements with their distributors. The distributors are also named marketers, and have to make it pass from stocked to its consumption state. 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 sell 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 6 kg tanks and 5 12 kg tanks. Your aid will help me a lot for growing my business.

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

Le secteur du gaz butane au Burkina Faso est régi par des lois et autres dispositions réglementaires, lesquelles définissent les rôles des différents acteurs impliqués dans les différents maillons de la chaine que sont l’importation, la distribution et celui des revendeurs.
L’Importation
C’est la Société nationale burkinabè des hydrocarbures (SONABHY) qui a le monopole de l’importation et du stockage de tous les hydrocarbures liquide et gazeux au Burkina Faso. Les importations de gaz butane sont subventionnées par l’Etat Burkinabè. A cet effet, les différents prix sont fixés par arrêté du ministère du Commerce, de l’Industrie et de l’Artisanat.
La distribution

Les revendeurs
Les Revendeurs sont les acteurs situés au bout du circuit de distribution. C’est auprès d’eux que les consommateurs achètent le gaz butane. Les revendeurs signent avec les distributeurs des contrats d’exclusivité.
Les distributeurs appelés aussi marketers, ont la charge de faire passer le produit de son stade de stockage à la SONABHY à son stade de consommation. Les distributeurs sont au nombre de 4 au Burkina Faso : SODIGAZ-APC, TOTAL, ORYX et PETROFA
Actuellement je suis relié au distributeur ORYX qui me livre le gaz régulièrement. Je prends la bouteille de 06 kilo auprès de mon distributeur à 1600 francs et revendu 2000 francs.
La bouteille de 12 kilo coute 4600 francs auprès de mon distributeur et je le revends à 5000 francs.
Par jours je vends en moyenne 15 bouteilles dont 10 bouteilles de 6 kilo et 05 bouteilles de 12 kilos.
Votre appui me sera très bénéfique afin que je prospère dans cette activité.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 18, 2014

Repayment status

On Time

Projected term

5 months

Lenders

investor

Candiac, Canada

ads68

Melbourne, Australia

S

silsley

Cheltenham, United Kingdom

Hedwich

Gorssel, Netherlands

Matching Fund

Sterling, United States

J

jbhernan

United States

ToddTho

World Wide, United States

P

PC

United States

Ask Adama a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...