Kaizen auto parts expansion project

Stephen

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Stephen

Member since

May 2021

On-time repayments

49 installments  •  78%

About Me

I am Stephen Baffoe, a retail trading person who deals in the sale of vehicle parts and accessories. I currently sell so many different kinds of brand new and secondhand vehicle parts mainly for Toyota, Nissan, Opel, Honda, Kia, Hyundai and many more.

My Business

I am into retail sale of Brake pads, drive belts, head gaskets, oil seals, bearings, bolts and nuts, spark plugs, filters, electrical parts, tools, lubricants and more

Loan Proposal

I would like to get a fresh loan to purchase goods for my vehicle parts and accessories shop. The shop I gradually benefiting from increases in goods available for sale, thanks to Zidisha.

I hope to get support from lenders. I will also be able to repay before the time I have indicated. The repayment schedule I indicate is only for the worst case scenario.

My Videos

Jun 26, 2021: Kaizen auto parts expansion project

Feedback

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  • Benvenuto    Jun 27, 2021

    Stephen has been great to lend to. I have worked with him a number of times, and he always pays on, or ahead, of schedule. He is a very good man working hard to grow his business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$135.00

Date disbursed

Jul 12, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

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  • Stephen    May 9, 2022

    Sales has not been stable for some time. But I hope that things get better.

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  • Stephen    May 9, 2022

    I had a few challenges with the sales. I hope that sales will get better.

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  • Stephen    Apr 29, 2022

    I was sick and business was also not booming. Now I am able to go to the shop

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  • Stephen    Mar 24, 2022

    The sales have been below the target. I hope to get better sales next week

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  • Stephen    Mar 9, 2022

    Sales has not being improving and I expect sales to get better within a few days

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  • Stephen    Feb 26, 2022

    My son got sick and was hospitalized. I had to spend a lot of money on hospital bills.

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  • Stephen    Feb 5, 2022

    I thank all of you for supporting this project. I hope to make the most out of the funds as I use it to implement the project

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  • Stephen    Feb 5, 2022

    I am very grateful. This loan will be used to buy stock of goods for resale.

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  • Ann    Feb 2, 2022

    Hello have the spirit everything will be possible to your work. Endeavour s.

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  • Stephen    Feb 1, 2022

    The loan has helped me stock my shop and made some profits. I have also been able to raise funds to start a masters degree program.

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  • Stephen    Jan 29, 2022

    Had some unexpected health emergency, had to pay some bills as a result

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  • Stephen    Nov 3, 2021

    I will use tge funds to buy needed goods for the shop to sell at a profit

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  • Stephen    Nov 2, 2021

    I need funding to grow the business

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  • Fosu    Nov 2, 2021

    Good luck

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  • Stephen    Nov 2, 2021

    The loan helped reduce pressure on my working capital

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  • Stephen    Jul 31, 2021

    My shop rent was due and Landlord locked the shop. I have gathered some money to plead with him. He says he will open it tomorrow. I hope to reorganize within 10 days and get back on track again

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  • Stephen    Jul 22, 2021

    Thank you to my lenders

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  • Stephen    Jul 20, 2021

    Very grateful for yet another opportunity for me to attempt business growth. Thanks to my lenders

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  • Stephen    Jul 20, 2021

    Thank you to my past lenders, please don't abandon me. Not forgetting my current lenders Nancy Eve. I hope to receive full funding sooner so I can purchase some items for the shop

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  • Nancy    Jul 19, 2021

    Good luck Stephen!

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