Project Title - Proxima Oil Company
| Title | Proxima Oil Company |
|---|---|
| Design Lab | 17th Social Business Design Lab (Executive) |
| Design Lab Project Category | Agriculture & Forestry |
| Project Type | Nobin |
| Organization Name | Grameen Telecom Trust |
| Project Status | In Developing Stage |
| Location | Purbo Barandi Para, Bottola, Jessore Shador, Bangladesh |
| Presentation File | Download Presentation File |
| Contact |
Name: Mohammed Anwar Hossain Email: anwar@gtctrust.com Phone: 01766664252 Organization: 95 |
| Is Approved | Yes |
Brief
-Business Name : Proxima Oil Company
-Shop location: Purbo Barandi Para Bottola, Jessore Shador
-Total Investment: BDT 2,015,000
-Financing:
Self BDT 1,515,000 (from existing business)
Required Investment BDT 500,000 (as equity)
-Implementation:
The business is planned to be scaled up by wholesaling and retailing lubricant and gear oil targeting break even point within the first year & pay back period is estimated to be four years.
Business Objectives
-Become a prominent Nobin Udyokta;
-Well establishing as an entrepreneur;
-Create employment opportunities especially for family members of Grameen Bank Borrowers ;
-Provide quality goods to meet demand in the community;
-Contribute in improving socio-economic condition.
Social Impact
-will improve standard of living
-will open opportunity of income for several people