Id: L188
Name: FUNDEHUMAC - Alex - Bike 2
Type: Small Business Development
Status: Funded
Summary
Alex Cuello Revuelta, an associate of FUNDEHUMAC in Santa Marta, proposes to open a bicycle repair business together with his friend Jorge. Alex requests a loan of $300 to cover the cost of bicycle parts needed for the business as well as funds to cover the 2nd month's operating expenses. According to their proposal, biking is a popular mode of both transportation and recreation in Santa Marta. In the area where they propose to locate their shop, there is no facility for bike service and repair. Residents must travel 40 minutes to the center of town to purchase bike accessories. They will provide bike maintenance, repair and painting. They plan to repay the loan in one year. Their full proposal includes a projection of monthly sales and costs. They will have the support of FUNDEHUMAC.
Item
Description
Amount $US
Budget
1
30 Rims at $2.40 each
$72.00
2
30 tires at $1 each
$30.00
3
2 brakes @ $6
$12.00
4
4 handbrakes @ $1 each
$4.00
5
4 small chains @ $1.25 each
$5.00
6
10 axels @ $1
$10.00
7
6 packages of spokes @ $2.50
$15.00
8
Gears, valves, pedals, seats and other bike accessories
