Loan for buying vehicle parts and accessories

Stephen Baffoe

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Stephen Baffoe

Location

Kumasi, Ghana

On-time repayments

25 weekly installments  •  100%

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

The funds would be used to purchase goods for retail sale in my shop. At the moment I need to purchase some Head gaskets, drive belts, brake pads and bearings.

Income Source

Repayments will come through the weekly sales. I will do daily savings and withdraw the saved amount to pay back the loan.

My Videos

Jun 26, 2021: Kaizen auto parts expansion project

Feedback

1

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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

$20.32

Date disbursed

Jun 9, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.78

Credit risk payment: $3.57

Lenders

J

Jari

Finland

T

Thijs

Netherlands

A

Allin

United States

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