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

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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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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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Summary

Amount repaid

$92.92

Amount remaining

$59.71

Expected completion

Nov 21, 2021

Status

Repaying on time

Installment amount

$12.91

Next installment

Oct 24, 2021

Repayment History

Expected Payments Actual Payments
Aug 1, 2021 $9.46 Aug 1, 2021 $9.46
Aug 8, 2021 $9.46 Aug 8, 2021 $9.46
Aug 15, 2021 $6.02 Aug 15, 2021 $6.02
Aug 22, 2021 $6.02 Aug 24, 2021 $6.02
Aug 29, 2021 $6.02 Aug 29, 2021 $6.02
Sep 5, 2021 $6.02 Sep 7, 2021 $6.02
Sep 12, 2021 $6.02 Sep 14, 2021 $6.02
Sep 19, 2021 $6.02 Sep 25, 2021 $6.02
Sep 26, 2021 $9.46 Sep 25, 2021 $9.46
Oct 3, 2021 $9.46 Oct 4, 2021 $9.46
Oct 10, 2021 $9.46 Oct 16, 2021 $9.46
Oct 17, 2021 $9.46 Oct 22, 2021 $9.46
Oct 24, 2021 $12.91
Oct 31, 2021 $12.91
Nov 7, 2021 $12.91
Nov 14, 2021 $12.91
Nov 21, 2021 $8.09

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