JUDGMENT
ESSAH (MRS.), J.
Plaintiff herein commenced the instant action against the Defendant seeking the following reliefs:
a. An order for the recovery of an amount of USD 44,471.16.
b. Interest on the said amount from the 1st day of August 2012 till date of final payment
c. Costs
d. Legal costs
Plaintiff is a company dealing in cars and spare parts and servicing of same. Defendant is a customer of Plaintiff.
It is Plaintiff’s case that Defendant purchased two Hyundai Country buses from the Plaintiff at a total cost of US100,000 on credit basis. That Plaintiff had stipulated within the contract signed with Defendant on the 22nd of May 2010 that failure to pay the credit facility will attract a debit of an interest of 5% per month (compounded) until payment in full is received.
That Defendant failed to make any further payments after payment of US$61,000 they therefore approached the Plaintiff for rescheduling of the outstanding amount and made several promises to make good the pa…