Kaizen Auto Parts

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

Kaizen Auto Parts is set out to growing it's sales. As a retail trading business, we need to have a well stocked shop where customers can always get what they want. This loan will go into purchasing various items for retail sale.

Income Source

Kaizen Auto Parts is able to raise repayment funds from daily sales and savings. Everyday some portion of the sales will be set aside so that by coming Saturday the loan will be repaid

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

$87.00

Date disbursed

Jun 27, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Benvenuto

United States

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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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