Loan to buy vehicle parts for resale

Stephen Baffoe

Kumasi, Ghana

61% repaid

Entrepreneur

Name

Stephen Baffoe

Location

Kumasi, Ghana

On-time repayments

19 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

Project Proposal

I need this loan to buy a list of items for resale at my shop. I hope to be able to repay the loan earlier than schedule.

My Videos

Jun 26, 2021: Kaizen auto parts expansion project

Feedback

1

None

None

  • 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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Project Info

Project Type

Pay It Forward

Disbursed amount

$152.63

Date disbursed

Jul 23, 2021

Cost to entrepreneur

Service fee: 5% of $152.63 = $7.32

Optional expediting fee: $29.46

Backers

Paul Buchheit

Mountain View, United States

Audrey Banda

Lusaka, Zambia

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  • Stephen Baffoe    Oct 22, 2021

    Poor sales

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  • Stephen Baffoe    Sep 25, 2021

    Sales is slow

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  • Stephen Baffoe    Aug 24, 2021

    Market is bad

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  • Stephen Baffoe    Aug 15, 2021

    Having some problems at home

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  • Stephen Baffoe    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 Baffoe    Jul 22, 2021

    Thank you to my lenders

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  • Stephen Baffoe    Jul 20, 2021

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

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  • Stephen Baffoe    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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  • Stephen Baffoe    Jul 19, 2021

    The Zidisha loans are steadily helping with the business growth. My stock of goods is increasing and positively affecting the business. However, a higher credit will help buy more goods and make the business more profitable.

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  • Stephen Baffoe    Jul 11, 2021

    Thank you for supporting my business. I will keep you updated

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  • Stephen Baffoe    Jul 11, 2021

    The loans have helped my business to purchase additional stock. But still we need more stock of goods to serve our customers

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  • Stephen Baffoe    Jul 6, 2021

    I am more than grateful BENVENUTO. I will also do my part and work for good business. May the almighty God bless you.

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  • Stephen Baffoe    Jul 6, 2021

    I hope to repay in one week though I chose the two weeks repayment schedule. I hope to hear from lenders. Mr. BENVENUTO and my first lender I hope you continue to support my business.

    Other lenders are welcome to support this promising enterprise. I hope to expand, open branches and employ additional staff

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  • Stephen Baffoe    Jun 27, 2021

    Thank you Benvenuto. May God bless you. This business will grow and you will be a part of the success story

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  • Benvenuto    Jun 27, 2021

    Hello again Stephen. Happy to continue in this journey with you. Thank you for the fast repayments, and best of luck to you as you continue to grow.

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    • Stephen Baffoe    Jul 11, 2021

      Have a great day. I will be glad to receive your support again. May God bless you.

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    • Stephen Baffoe    Jul 19, 2021

      You have been a good supporter of the business. I hope to continue this journey with you. Please do not abandon Kaizen Auto Parts

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  • Stephen Baffoe    Jun 25, 2021

    I am more than grateful to my Lenders. I will also do my best to make the funds go into profitability.

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  • Stephen Baffoe    Jun 25, 2021

    With this loan I will purchase the following
    Clutch Repair Kits for TD 27
    Oil seals

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  • Benvenuto    Jun 25, 2021

    My pleasure to help you continue to build your business and your available Zidisha credit. Best of luck to you Stephen.

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    • Stephen Baffoe    Jun 27, 2021

      I had some good sales and was able to repay the next day. Thank you for the support.

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    • Stephen Baffoe    Jul 22, 2021

      I really miss the days you used to support my business. I wish you don't stop supporting me. Since you left supporting, my proposals stay longer before receiving full funding

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  • Stephen Baffoe    Jun 25, 2021

    The loans are really helpful to Kaizen Auto Parts.

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