Spare parts for automobile repair workshop

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 purchase stock of spare parts that are used for both routine and preventive maintenance at our auto repair workshop.

The spare parts include fast moving parts such as engine oil, oil filter, fuel filter, spark plug, brake pads, brake fluid that are used for the following brands: Toyota, Ford, Mitsubishi, Nissan, Kia and Hyundai.

Keeping stock of these spare part will enable us render quick and fast services to our customer thereby increasing turnover and profitability.