Thursday, January 29, 2009

Bajaj Reinforced Passenger Tricycle

Bajaj Reinforced Passenger Tricycle EI150ZK-1

Bajaj Reinforced Passenger Tricycle

Product Name: Bajaj Reinforced Passenger Tricycle

Category: Passenger Transportation

Details:

  • Engine: 1cylinder, 4 stroke, water-cooled
    Displacement: 150cc/175cc/200cc
    Fuel tank: 12L /22L
    Clutch method: Manual-hand
    Gear shift: foot(manual-hand as optional)
    Transmission: 5forward+1reverse
    Fuel type: gasoline/CNG
    Transmission system: shaft drive
    Brake( front/rear): mechanical
    Design max speed: >=65km/h
    Max load/passenger capacity: 520/ 4 persons (including driver)
    Dimension(mm): 2600 X 1250 X 1720



Bajaj


Dimension L x W x H 2630 13201750 mm
Wheel Base 1800 mm
Ground Clearance 160 mm
Dry weight 350 kg
Max. Loading Capacity 5 persons (including driver)
Frame Fr. Suspension Hydraulic pressure
Rr. Suspension Hydraulic pressure
Fr. Brake Drum Fr. Tire size 4.50-12/415
Rr. Brake Drum Rr. Tire size
4.50-12/415
Fuel tank capacity
8.5L
Engine Bore and stroke 62 58 Lubrication system press splash
Displacement 175cc Cooling system Water cooled
Compression ratio 9.2:01 Cylinder Single cylinder
Max. output(kw/rpm) 10.5/8000
Max. torque (kw/rpm) 13.5/6000
Drive train Transmission Primary: 5 gear with reverse
Final : Shaft Eletrical Ignition system CDI

LEASE-PURCHASE OF KEKE MARWA

PROCEDURE FOR THE LEASE-PURCHASE


Anybody interested in the scheme should make his/her interest known from by contacting us.

On completion of the application form with all the necessary conditions, the forms are collated and processed for approval.


The interested members are required to pay 10% (of the Lease) + some administrative charges.

Repayment for the tricycle will be for 12 months.


REPAYMENT STRUCTURE


12-MONTH REPAYMENT ANALYSIS


Cost of the Tricycle

Cost of leasing - - - - N560,000.00

(The cost of leasing includes cost of the tricycle, insurance, interest on the leasing, processing fee etc.


Repayment Mode

The payment of leasing is on daily basis of N1,800.00 per day or N54,00.00 per month.

LEASE-PURCHASE OF KEKE MARWA



THE BENEFITS OF THE LEASED TRICYCLES TO THE INTERESTED BENEFICIARIES


The leasing of tricycles is another way of empowering any unemployed, underemployed or interested member of Nigerian society to a level where he can create a measurable and verifiable value in society in order to earn daily bread. Additionally, the project may not just be a tool for earning sustenance and daily bread; it is a formidable vehicle for wealth creation in the society. The subsequent owners and operators are to become successful small business owners. These are the reasons we are introducing these service in the wealth creation chain.

The use of tricycles in the present economic constraint within the country has been on the increase and it has been supportive in many ways, some of which are:

1. It offers mobility support for the Nigerian masses.

2. It is a source of income to those who need/acquire it.

3. It reduces ever-growing expenses of the masses by providing a cheaper means of transportation.

4. It saves time for the working masses.

5. It is more comfortable to ride reducing stress on the user.

6. It offers the beneficiary/user the opportunity to save and achieve greater things.

7. The rate of accidents on tricycles is very low compared to motorcycles (a.k.a. okada).

Other benefits to the beneficiary/user are:

8. It provides the opportunity for the beneficiary to acquire assets with little or no initial capital.

9. It will boost the morale of the beneficiaries.


LEASE-PURCHASE OF KEKE MARWA

BACKGROUND


Road transportation is an essential part of human activity, and in many ways form the basis of all socio-economic interactions. Indeed, no two locations will interact effectively without a viable means of movement. In many developing countries, inadequate transport facilities are often the norm rather than the exception. Thus, a good transport system is essential to support economic growth and development. Since the attainment of independence in 1960, the problems of Nigerian transport system include bad roads; inadequate fleets of buses or trucks; irregular, inadequate and overcrowded vehicles and congested roads. These are common features of the developing world. In line with these are physical problems such as dearth of suitably-trained transport managers and planners, capital restructuring bottlenecks, serious issues of institutional reforms and ineffective traffic regulations.


These constrains being experienced in Nigerian road transportation system, especially in Lagos metropolis, led the Lagos State Government to introduce a body – Lagos Metropolitan Area Transport Authority (LAMATA) - to solve the problems. LAMATA was established in 2002. It is governed by a 13-member board, which was inaugurated in December 2003.


Current situation

Lagos is a city of over 18 million inhabitants and by 2015, the population is project to reach about 25 million people, a figure that will make Lagos the third largest mega city in the world. The huge population of Lagos has therefore been largely responsible for the increase in the intensity of traffic congestion and by extension, environmental degradation.


Lagos Metropolitan Area Transport Authority (LAMATA) provides corporate and strategic policy direction for the transport system of metropolitan Lagos. It aims to improve and maintain cost-effective transport services. LAMATA works closely with the Ministry of Works (MOW), the Ministry of Transportation, the Lagos State Government and the World Bank. The Lagos Metropolitan Area continues to experience severe traffic congestion, with an estimated population of between 12.5 and 15 million and a population growth of some 6 per cent per year. The metropolitan area is expanding into neighbouring Ogun State, with commuter trips growing in both length and number.


The introduction of tricycles known as (a.k.a. Keke Marwa or Keke NAPEP) was an ardent proponent of mass empowerment as a tool for wealth creation and one of the measures of cushioning the economic recession. The Keke NAPEP initiative has seen the Obasanjo administration purchasing about four thousand motorised three wheelers (tricycles), which were in turn distributed to otherwise unemployed Nigerians as a major plank of the Federal Government of Nigeria’s POVERTY ALLEVIATION PROGRAMME as one of the measure to cushion the economic recession and empower the general masses. The trend over the years has proved that the programme cannot fully emancipate the people hence the need for the private sector participation.


The inspiration for this current Tricycle Project, which we are introducing to NOW introducing on lease/purchase basis to the interested members of the public, stems from a combination of factors. These are the three ways one can react to the situation:


1. You can completely ignore a prevailing situation and pretend that you are a foreigner in your own local environment;


2. You could appear to be concerned but helpless in the sense that you only offer your regrets and move on;


3. You could feel sufficiently challenged by the situation and thereby decided to contribute to the practical reduction or possibly reversing the unpalatable circumstances.


Our organization is more inclined to the third option because it offers us an opportunity to share our wealth of experience and humanity in a meaningful way.


For us, the challenge is to see how we can contribute no matter how modestly, to transforming this enormous opportunity and asset into a productive work force and wealth within the community.