23044
Eurosida Express Limited
Hired Purchase Transport Program
Nigeria
Market: Transport
Stage of the project: Operating business
Date of last change: 06.11.2017
Nigeria
Market: Transport
Stage of the project: Operating business
Date of last change: 06.11.2017
Min amount of loan
$ 70.628
$ 70.628
Estimated yield
5 % a year
5 % a year
Idea
This is an investment scheme for investors to partner with us in our business operations. We allow investors to buy units of cars into our fleet for a contract period of time.We run the cars and give returns to the investors for the contract period
Current Status
Private Limited Company
Market
Government
Public Sector
Bank
Individuals
Corporate Bodies
Public Sector
Bank
Individuals
Corporate Bodies
Problem or Opportunity
The problem I'm encountering as an entrepreneur is lack of funds to operate at maximum efficiency.
Competitors
ABC Transport
Ifesinachi Motors
Ekenedili Chukwu Transport
Cross Country
Ifesinachi Motors
Ekenedili Chukwu Transport
Cross Country
Advantages or differentiators
New
Innovative
Innovative
Finance
I need a Venture Capital of $706,284.46USD
Loan terms
60 months
Interest rate, %
5
Business model
Private Partnership
Solution (product or service)
I am ready for Venture Capitalist to come into my business to achieve the aims and objective of my company.
Team or Management
Risks
High Cost of Doing Business
Drivers
Drivers
Incubation/Acceleration programs accomplishment
Employment generation in the local area where the company operates
Won the competition and other awards
New Innovative Award
Photos
Presentation
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