Spare parts for automobile repair workshop
Victor
Kaduna, Nigeria
100% repaid
Entrepreneur
Name
Victor
Member since
October 2019
On-time repayments
84 installments • 49%
About Me
I am an entrepreneur that owned and operates an Automobile Repairs Garage/Workshop. I needed this loan to augment my working capital in running the operation of the Automobile repairs workshop. We needed to keep stocks of fast moving spare parts such as engine oil, oil filters, fuel filters, brake pads and spark plugs that are needed for routine services.
We also want to purchase spare parts for overhauling of 2TR engine of Toyota Hilux 2012 model. Overhauling parts to be purchased include main and metal bearings, top cylinder gasket, oil pump, valve seals etc
My Business
I have an Automobile repair workshop that I generate daily income from. At the Auto repairs garage, we rendered services to both individual and corporate customers and this requires us to have stocks of spare parts needed for on-demand services. Our Services include routine maintenance, mechanical and electrical repairs, accident body recovery and painting, tyre services such as balancing and allignment of wheel. We also offer training to large fleet owners.
Loan Proposal
I will purchase stock of spare parts that are used for both routine and preventive maintenance at our auto repair workshop.
The spare parts include fast moving parts such as engine oil, oil filter, fuel filter, spark plug, brake pads, brake fluid that are used for the following brands: Toyota, Ford, Mitsubishi, Nissan, Kia and Hyundai.
Keeping stock of these spare part will enable us render quick and fast services to our customer thereby increasing turnover and profitability.
My Videos
Jan 18, 2021: Victor mesole, automobile engineer
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Loan Info
Project Type
Classic Loan
Disbursed amount
$262.00
Date disbursed
Mar 13, 2020
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Summary
Amount repaid
$262.33
Amount remaining
$0.00
Date repaid
Oct 16, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 20, 2020 | $0.00 | ||
| Mar 27, 2020 | $0.00 | ||
| Apr 3, 2020 | $0.00 | ||
| Apr 10, 2020 | $0.00 | ||
| Apr 17, 2020 | $0.00 | ||
| Apr 24, 2020 | $4.25 | Apr 19, 2020 | $4.25 |
| May 1, 2020 | $4.25 | May 6, 2020 | $4.25 |
| May 8, 2020 | $4.25 | May 6, 2020 | $4.25 |
| May 15, 2020 | $4.25 | May 16, 2020 | $4.25 |
| May 22, 2020 | $4.25 | May 16, 2020 | $4.25 |
| May 29, 2020 | $0.00 | ||
| Jun 5, 2020 | $0.00 | ||
| Jun 12, 2020 | $12.76 | Jul 3, 2020 | $12.76 |
| Jun 19, 2020 | $12.76 | Jul 3, 2020 | $12.76 |
| Jun 26, 2020 | $12.76 | Jul 3, 2020 | $12.76 |
| Jul 3, 2020 | $12.76 | Jul 3, 2020 | $12.76 |
| Jul 10, 2020 | $0.00 | ||
| Jul 17, 2020 | $0.00 | ||
| Jul 24, 2020 | $0.00 | ||
| Jul 31, 2020 | $14.46 | Oct 13, 2020 | $14.46 |
| Aug 7, 2020 | $14.46 | Oct 13, 2020 | $14.46 |
| Aug 14, 2020 | $14.46 | Oct 13, 2020 | $14.46 |
| Aug 21, 2020 | $14.46 | Oct 13, 2020 | $14.46 |
| Aug 28, 2020 | $14.46 | Oct 13, 2020 | $14.46 |
| Sep 4, 2020 | $26.23 | Oct 13, 2020 | $26.23 |
| Sep 11, 2020 | $26.23 | Oct 13, 2020 | $26.23 |
| Sep 18, 2020 | $16.96 | Oct 13, 2020 | $16.96 |
| Sep 25, 2020 | $0.00 | ||
| Oct 2, 2020 | $0.00 | ||
| Oct 9, 2020 | $0.00 | ||
| Oct 16, 2020 | $12.76 | Oct 16, 2020 | $12.76 |
| Oct 23, 2020 | $12.76 | Oct 16, 2020 | $12.76 |
| Oct 30, 2020 | $12.76 | Oct 16, 2020 | $12.76 |
| Nov 6, 2020 | $10.04 | Oct 16, 2020 | $10.04 |
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