Sale of spare parts for bicycles and motorbikes

Marcel Okeoma

Bobo Dioulasso, Burkina Faso

100% repaid

Entrepreneur

Name

Marcel Okeoma

Member since

September 2013

On-time repayments

75 installments  •  59%

About Me

My name is Marcel Okeoma and I was born in Nigeria in 1987. I got married in Bobo Dioulasso, Burkina Faso and am the father of a one-and-a-half year-old son. I went to school in Nigeria until 4th grade. I speak English and French well and trained as a salesperson of engine parts for eight years. I have been selling motorcycle parts since 2008 in order to have a profitable business and pay my family’s expenses. A loan from Zidisha would help support me in my motorcycle parts business.

My Business

My business is in the sale of parts for 2-wheeled vehicles. I personally travel to Ouaga, Mali, and Nigeria to pay for the vehicle parts and to acquire stock for my store to sell to clients. In one month, I can sell close to 600,000 CFA francs in vehicle parts. The profits from my business in vehicle parts allows me to meet my family's needs such as food, medicine in case of illness, clothing, etc.

Loan Proposal

My name is Marcel OKEOMA. I was born in 1987 in Nigeria, my country of origin, I got married in Burkina Faso in Bobo-dioulasso, father of a son who is now two years. I did my school in my country of origin up to 4th class. I speak good English and the french. My company works in the sale of spare parts for two-wheeled vehicles. I'm moving personally in Ouaga, in Mali, Nigeria to pay for the spare parts store in my store to sell to my clients.In a month I do a sale of more than 526.707 $ see 632.049 $. My parts business earnings allow me to meet my family such as food, care in case of illness, spending apparels etc. For this loan now, I count made a trip to Nigeria to make my purchases and subsequently come to resell. This time, I was fixed goals namely do their utmost to achieve net, a profit of 316.024 dollars a month and I am convinced that this is possible given the dynamism and determination that drives me. The amount of 462.870 dollars which I will therefore allow me in addition to my personal contribution to strengthen my ability. Thank you kind lenders.

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About Me

Je m'appelle Marcel OKEOMA.Je suis née en 1987 au Nigeria, mon pays d'origine, je me suis mariée au Burkina à Bobo-dioulasso, père d'un fils d'un ans et démi.j'ai fait mon école dans mon pays d'origine jusqu'à la classe de 4ième.Je parle bien l'anglais et le français.Je me suis formé au Burkina-Faso en vente de pièces détachées pendant huit ans.Maintenant je vent les pièces détachées des motos depuis 2008.J'ai décidé de me lancer dans ce commerce pour pour pouvoir faire des bénéfices et subvenir aux dépenses de ma famille.Je désire avoir un soutient c'est à dire un prêt auprès de zidisha pour améliorer mon commerce de vente de pièces détachées.

My Business

Mon entreprise fonctionne dans la vente des pièces détachées pour les engins à deux roues.Je me déplace personnellement à Ouaga ,au Mali, au Nigéria pour payer les pièces détachées et venir stocker dans mon magasin pour vendre avec les clients.Dans un mois je peux faire une vente de près de six cent milles Franc CFA(600000FCFA) des pièces détachées.Les gains de mon commerce de pièces me permettent de subvenir aux dépenses de ma famille tels que la nourriture, les soins en cas de maladie, les habillements etc.

Loan Proposal

My name is Marcel OKEOMA. I was born in 1987 in Nigeria, my country of origin, I got married in Burkina Faso in Bobo-dioulasso, father of a son who is now two years. I did my school in my country of origin up to 4th class. I speak good English and the french. My company works in the sale of spare parts for two-wheeled vehicles. I'm moving personally in Ouaga, in Mali, Nigeria to pay for the spare parts store in my store to sell to my clients.In a month I do a sale of more than 526.707 $ see 632.049 $. My parts business earnings allow me to meet my family such as food, care in case of illness, spending apparels etc. For this loan now, I count made a trip to Nigeria to make my purchases and subsequently come to resell. This time, I was fixed goals namely do their utmost to achieve net, a profit of 316.024 dollars a month and I am convinced that this is possible given the dynamism and determination that drives me. The amount of 462.870 dollars which I will therefore allow me in addition to my personal contribution to strengthen my ability. Thank you kind lenders.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$461.68

Date disbursed

May 20, 2014

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Lender interest: $461.68 at 8.16% annual rate over 10 months = $33.59

Service fee: $17.34

Lenders

P

Philippe

Adliswil, Switzerland

Blond56

Victoria, B. C., Canada

K

KennaMumford

Salt Lake City, United States

S

Serene

Philadelphia, United States

A

ask21900

Cedar Rapids, United States

Sarasota

Sarasota, Fl, United States

xtrahardware

Cazenovia, United States

G

GreenMoney

Lahr, Germany

L

leumasmc

United States

A

angelapeat01

United States

A

Arkad

United States

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