Auto shop business

Entrepreneur

About Me

My name is Mike Sakala a Zambian citizen with a national green registration card. I live in Lusaka and am located in Makeni Villa town ship. Am married with 4 children being 3 girls and 1 boy. I started my school at Chinika Primary School where I did Primary education. Later went to Libala Secondary School within Lusaka where I completed my secondary. From Libala Secondary I obtained division one school certificate and I was awarded a scholarship to study Auto mechanics engineering at Copperbelt University of Zambia in Kitwe. I hold a bachelors' degree in Auto Mechanics Engineering. When I graduated, shortly I got a well paying job with Amanita Premier Oils Limited, where I worked as Superintendent in the production department. I worked for Amanita Premier Oils Limited for 7 years of which I was able raise enough money to start up my own business dealing in Auto Spare Parts especially for Toyota Vehicles. During my free time, I love watching premier league and going for panics. I wish a better life for my children especially impacting them with education so that they too can become prominent people our country and contribute positively to the economy of the country.

My Business

I have two sources of income and first one being my monthly income which is paid out of my job. Secondly I have two Auto Spare Parts in town and in our community. I provide all Toyota spare parts such as tail lights, headlamps, wheel tires, wheel belling's, civ joints, ball joints, gear boxes , automotive oils, hub, cylinder heads, pistons, spark plugs and air filters and more spare parts as required by the customers. These spare parts are very useful to motorist especially when vehicles have tear and wear. They have to come and buy at my shop. Automotive spare parts is one such business that is highly profitable because the goods are in demand. Out of this business I have managed to build my own house and an auto shop in our community where people access these car spare parts easily. So far from this business since I started , I have invested over ZMW 50,000.00 and I make my profits per week over ZMW 15,000.00. There fore, I need more funds to buy more Toyota Spare Parts and second hand engines due to high demand from the customers.

Project Proposal

With the funds am requesting to my backers, I want to buy the wheel belling's, ball joints, head lamps, tail lights, window screens, lubricants, air filters, and spark plugs for the Toyota vehicles . I want to stock up all these products because of its demand at the moment. I have ran out of most of them and I need to stock them up due to demand. Should I stock them stock them up my profit will increase to 80% in terms of profits. Thank you for support in advance.

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