Inventory to buy more ankara pieces and jewellery
Susan
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Susan
Member since
May 2015
On-time repayments
99 installments • 97%
About Me
My full names are Susan Olango.I was born and raised in the city of Nairobi.Being the fourth born in a family of eight kids,my childhood was pretty difficult.My dad was a casual employee and my mum was a stay at home mum.They did their best to take us to school.I did my K.C.S.E in the year 2001 but unfortunately I could not proceed to college as I had four of my siblings at Secondary school. After I cleared high school I started doing some manual jobs to help out with the situation at home.I was able to save some money to start an Ankara business.I saved Ksh.5000 and with this,I was able to buy 12 pieces of the Ankara materials.Due to my great sense of fashion,I was able to buy very beautiful Ankara pieces.As an African woman it's almost impossible not to have an Ankara material to make a dress.therefore,most of the ladies who saw them,couldn't help it but buy them.The demand grew and for my next stock I bought 20 pieces.I come from the Luo community of Kenya.we are based in the Nyanza region of Kenya.we are proud to have a fresh water lake in Nyanza(lake Victoria).Therefore most of the men from my community engage in fishing.i have 6 year old son who is in standard one.I have done my best to enroll him in a good school,and when he grows up he wants to be a doctor.During my free time which is mostly during the weekend,I bake for my family and I sometimes go for swimming with my son.
My Business
My business is purely an Ankara business.The demand for the Ankara materials is relatively high among the African women .Ankara is used to make beautiful dresses like the one in my profile or even skirts.I started this business in the year 2013.i started by hawking the pieces,but as the demand grew I was able to rent out a shop where I can beautifully display my pieces.I buy at a wholesale price of 400 per piece and I sell at 800 per piece,though sometimes my customers bargain.on a normal day I can sell 2-3 pieces,therefore I make almost 2000 per day,though business has its good and bad days.
Loan Proposal
With the loan,I intend to buy more Ankara stock and to start stocking jewelleries to go with the Ankara pieces .I believe this will boost my business as it will create ready stock for my customers and a variety to choose from.The jewellery will help to add more glamour and act as an accessories to the wearers of the Ankara.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 29, 2015
Repayment status
On Time
Projected term
23 months
Lenders
United States
Summary
Amount repaid
$105.28
Amount remaining
$0.00
Date repaid
Apr 20, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 7, 2015 | $1.06 | Jun 7, 2015 | $1.06 |
| Jun 14, 2015 | $1.06 | Jun 7, 2015 | $0.20 |
| Jun 13, 2015 | $0.86 | ||
| Jun 21, 2015 | $1.06 | Jun 13, 2015 | $0.40 |
| Jun 20, 2015 | $0.66 | ||
| Jun 28, 2015 | $1.06 | Jun 20, 2015 | $0.60 |
| Jul 5, 2015 | $0.46 | ||
| Jul 5, 2015 | $1.06 | Jul 5, 2015 | $1.06 |
| Jul 12, 2015 | $1.06 | Jul 11, 2015 | $1.06 |
| Jul 19, 2015 | $1.06 | Jul 18, 2015 | $1.06 |
| Jul 26, 2015 | $1.06 | Aug 1, 2015 | $1.06 |
| Aug 2, 2015 | $1.06 | Aug 1, 2015 | $1.06 |
| Aug 9, 2015 | $1.06 | Aug 11, 2015 | $1.06 |
| Aug 16, 2015 | $1.06 | Aug 11, 2015 | $1.06 |
| Aug 23, 2015 | $1.06 | Aug 22, 2015 | $1.06 |
| Aug 30, 2015 | $1.06 | Aug 22, 2015 | $0.01 |
| Sep 1, 2015 | $1.05 | ||
| Sep 6, 2015 | $1.06 | Sep 1, 2015 | $1.06 |
| Sep 13, 2015 | $1.06 | Sep 1, 2015 | $0.01 |
| Sep 11, 2015 | $1.05 | ||
| Sep 20, 2015 | $1.06 | Sep 11, 2015 | $0.01 |
| Sep 26, 2015 | $1.05 | ||
| Sep 27, 2015 | $1.06 | Sep 26, 2015 | $1.06 |
| Oct 4, 2015 | $1.06 | Sep 26, 2015 | $0.03 |
| Oct 26, 2015 | $1.03 | ||
| Oct 11, 2015 | $1.06 | Oct 26, 2015 | $1.06 |
| Oct 18, 2015 | $1.06 | Oct 26, 2015 | $1.06 |
| Oct 25, 2015 | $1.06 | Oct 26, 2015 | $1.06 |
| Nov 1, 2015 | $1.06 | Nov 15, 2015 | $1.06 |
| Nov 8, 2015 | $1.06 | Nov 15, 2015 | $1.06 |
| Nov 15, 2015 | $1.06 | Nov 25, 2015 | $1.06 |
| Nov 22, 2015 | $1.06 | Nov 25, 2015 | $1.06 |
| Nov 29, 2015 | $1.06 | Nov 29, 2015 | $1.06 |
| Dec 6, 2015 | $1.06 | Dec 11, 2015 | $1.06 |
| Dec 13, 2015 | $1.06 | Dec 11, 2015 | $1.06 |
| Dec 20, 2015 | $1.06 | Dec 20, 2015 | $1.06 |
| Dec 27, 2015 | $1.06 | Dec 29, 2015 | $1.06 |
| Jan 3, 2016 | $1.06 | Jan 9, 2016 | $1.06 |
| Jan 10, 2016 | $1.06 | Jan 9, 2016 | $1.06 |
| Jan 17, 2016 | $1.06 | Jan 22, 2016 | $1.06 |
| Jan 24, 2016 | $1.06 | Jan 22, 2016 | $1.06 |
| Jan 31, 2016 | $1.06 | Feb 1, 2016 | $1.06 |
| Feb 7, 2016 | $1.06 | Feb 1, 2016 | $1.06 |
| Feb 14, 2016 | $1.06 | Feb 11, 2016 | $1.06 |
| Feb 21, 2016 | $1.06 | Feb 18, 2016 | $1.06 |
| Feb 28, 2016 | $1.06 | Feb 24, 2016 | $1.06 |
| Mar 6, 2016 | $1.06 | Feb 24, 2016 | $1.06 |
| Mar 13, 2016 | $1.06 | Mar 8, 2016 | $1.06 |
| Mar 20, 2016 | $1.06 | Mar 19, 2016 | $1.06 |
| Mar 27, 2016 | $1.06 | Mar 19, 2016 | $1.06 |
| Apr 3, 2016 | $1.06 | Mar 30, 2016 | $1.06 |
| Apr 10, 2016 | $1.06 | Apr 9, 2016 | $1.06 |
| Apr 17, 2016 | $1.06 | Apr 17, 2016 | $1.06 |
| Apr 24, 2016 | $1.06 | Apr 27, 2016 | $1.06 |
| May 1, 2016 | $1.06 | May 4, 2016 | $1.06 |
| May 8, 2016 | $1.06 | May 13, 2016 | $1.06 |
| May 15, 2016 | $1.06 | May 18, 2016 | $1.06 |
| May 22, 2016 | $1.06 | May 22, 2016 | $1.06 |
| May 29, 2016 | $1.06 | May 31, 2016 | $1.06 |
| Jun 5, 2016 | $1.06 | Jun 18, 2016 | $1.06 |
| Jun 12, 2016 | $1.06 | Jun 18, 2016 | $1.06 |
| Jun 19, 2016 | $1.06 | Jun 18, 2016 | $1.06 |
| Jun 26, 2016 | $1.06 | Jun 27, 2016 | $1.06 |
| Jul 3, 2016 | $1.06 | Jul 3, 2016 | $1.06 |
| Jul 10, 2016 | $1.06 | Jul 13, 2016 | $1.06 |
| Jul 17, 2016 | $1.06 | Jul 18, 2016 | $1.06 |
| Jul 24, 2016 | $1.06 | Jul 23, 2016 | $1.06 |
| Jul 31, 2016 | $1.06 | Aug 6, 2016 | $1.06 |
| Aug 7, 2016 | $1.06 | Aug 6, 2016 | $1.06 |
| Aug 14, 2016 | $1.06 | Aug 14, 2016 | $1.06 |
| Aug 21, 2016 | $1.06 | Aug 27, 2016 | $1.06 |
| Aug 28, 2016 | $1.06 | Aug 27, 2016 | $1.06 |
| Sep 4, 2016 | $1.06 | Sep 4, 2016 | $1.06 |
| Sep 11, 2016 | $1.06 | Sep 11, 2016 | $1.06 |
| Sep 18, 2016 | $1.06 | Sep 18, 2016 | $1.06 |
| Sep 25, 2016 | $1.06 | Sep 25, 2016 | $1.06 |
| Oct 2, 2016 | $1.06 | Sep 30, 2016 | $1.06 |
| Oct 9, 2016 | $1.06 | Oct 10, 2016 | $1.06 |
| Oct 16, 2016 | $1.06 | Oct 15, 2016 | $1.06 |
| Oct 23, 2016 | $1.06 | Oct 22, 2016 | $1.06 |
| Oct 30, 2016 | $1.06 | Oct 29, 2016 | $1.06 |
| Nov 6, 2016 | $1.06 | Nov 7, 2016 | $1.06 |
| Nov 13, 2016 | $1.06 | Nov 14, 2016 | $1.06 |
| Nov 20, 2016 | $1.06 | Nov 26, 2016 | $1.06 |
| Nov 27, 2016 | $1.06 | Nov 26, 2016 | $1.06 |
| Dec 4, 2016 | $1.06 | Dec 7, 2016 | $1.06 |
| Dec 11, 2016 | $1.06 | Dec 13, 2016 | $1.06 |
| Dec 18, 2016 | $1.06 | Dec 22, 2016 | $1.06 |
| Dec 25, 2016 | $1.06 | Dec 22, 2016 | $1.06 |
| Jan 1, 2017 | $1.06 | Jan 4, 2017 | $1.06 |
| Jan 8, 2017 | $1.06 | Jan 4, 2017 | $1.06 |
| Jan 15, 2017 | $1.06 | Jan 17, 2017 | $1.06 |
| Jan 22, 2017 | $1.06 | Jan 17, 2017 | $1.06 |
| Jan 29, 2017 | $1.06 | Jan 30, 2017 | $1.06 |
| Feb 5, 2017 | $1.06 | Feb 5, 2017 | $1.06 |
| Feb 12, 2017 | $1.06 | Feb 18, 2017 | $1.06 |
| Feb 19, 2017 | $1.06 | Feb 18, 2017 | $1.06 |
| Feb 26, 2017 | $1.06 | Feb 25, 2017 | $1.06 |
| Mar 5, 2017 | $1.06 | Mar 4, 2017 | $1.06 |
| Mar 12, 2017 | $1.06 | Mar 12, 2017 | $1.06 |
| Mar 19, 2017 | $1.06 | Mar 20, 2017 | $1.06 |
| Mar 26, 2017 | $1.06 | Mar 28, 2017 | $1.06 |
| Apr 2, 2017 | $1.06 | Apr 3, 2017 | $1.06 |
| Apr 9, 2017 | $1.06 | Apr 10, 2017 | $1.06 |
| Apr 16, 2017 | $1.06 | Apr 17, 2017 | $1.06 |
| Apr 23, 2017 | $1.09 | Apr 20, 2017 | $1.09 |
Ask Susan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.