Short Story

Horsepower Auto Clinique is an auto mechanic shop that has been in operation for the past 20 years. The operator, Samson Alayode, has over 30 years’ experience. He was trained and certified as an auto mechanic engineer at S.K. Ise Oluwa Mechanical Engineers and served as an apprentice at other auto mechanics shops gathering relevant knowledge and skills.

With this Joint Venture (JV) and its successful African Technical Assistance (ATA) fund raising of $14,775. Horsepower will implement infrastructures (systems and processes) that will result in better management of the workshop using measurable data and position Horsepower to raise future capital for planned growth. The JV creator’s preference is profit sharing, not a loan.

Horsepower Mechanic Business Infrastructure (Accounting System and Auto-repair software)

by Horsepower Mechanic

  • $14,775.00

    Funding Goal

  • $5,500.00

    Funds Raised

  • 0

    Days to go

  • Target Goal

    Campaign End Method
Raised Percent :
37.23%
Minimum amount is $25 Maximum amount is $10000
$
Ibadan,Oyo State., Nigeria
Horsepower Mechanic

Horsepower Mechanic

2 Campaigns | 0 Loved campaigns

See full bio.

The Horsepower African Technical Assistance funds will enable the auto mechanic shop to improve the overall management through data, resulting in increased productivity, and increased competitiveness.

Below is the breakdown of how the funds would be used:

Statement of Work
Product / Service Local Currency USD ($)
EDN Membership Registration 2500 5
12 Months O365 Microsoft Package (1 User) 120000 240
12 months Domain Name Registration/ Domain Privacy/Hosting Services 55000 110
Business Management Software (Auto Repair) 1350000 2700
12 Months Accounting and Bookkeeping Support 360000 720
Baseline Accounting Services (Incl. Historical Records) 3000000 6000
Accounting System (QuickBooks, Software, Hardware, and Case) 2500000 5000
Total Cost of Proposed ATA: 7,387,500 14,775
JV Creator Cash Cost-Share Contribution: 0 0
Fund Requested: 7,387,500 14,775

 

The Technical Assistance project duration is to be completed within a month. We are highly obliged for your support.

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