Laravel Composer Could not find Package Error

i forked Github package http://ift.tt/1QfuPHZ and i want to use it locally (dont want to fetch from packagist) so i simply clone it in package/ folder from root directory.

composer.json
- packages
\_ LaravelInstaller
  \_ composer.json

My laravel composer.json contains (REf - http://ift.tt/1id82mh)

"repositories": [
    {
        "type": "path",
        "url": "packages/LaravelInstaller/"
    }
],
"require": {
    "rachlaasri/laravel-installer": "*"
},

and my package's composer json contains

{
  "name": "rachlaasri/laravel-installer",
  "description": "Laravel installer",
  "license": "MIT",
  "authors": [
    {
      "name": "rachlaasri",
      "email": "rachlaasri@gmail.com"
    }
  ],
  "require": {},
  "autoload": {
    "psr-4": {
      "RachidLaasri\\LaravelInstaller\\": "src/"
    },
    "files": [
      "src/functions.php"
    ]
  },
  "minimum-stability": "stable"
}

Now, when execute composer update

Your requirements could not be resolved to an installable set of packages.

  Problem 1
    - The requested package rachlaasri/laravel-installer could not be found in any version, there may be a typo in the package name.

Potential causes:
 - A typo in the package name
 - The package is not available in a stable-enough version according to your minimum-stability setting
   see <http://ift.tt/1QfuRiU; for more details.

Read <http://ift.tt/1g1ylKI; for further common problems.

i am fed up with composer, please tell me, what i am doing wrong, Thanx in advance.

via Chebli Mohamed