Inventory of photography accessories to sell

Alfred

Changamwe, Kenya

20% repaid

Entrepreneur

Name

Alfred

Member since

January 2015

On-time repayments

118 installments  •  69%

About Me

My name is Alfred, born in Kitui County of Eastern region of Kenya. I was born in a family of 6 and I am the second born. Kitui is a semi arid area and the main activity there is farming though on a small scale. I was born in a rural setup where we didn’t have some basic essentials like electricity and piped water. Life was very simple and I grew up in this environment until I relocated to Mombasa in the 1990s after completing my education.

I went to Mombasa city to attend a college where I did a certificate course in mechanical engineering. I secured a job shortly after completing my course and I worked for a local company for one year. I then quit due to low salary and poor working conditions.

It is at this point that I decided to start a career in photography. Armed with a still film camera that I had bought with my savings, I started taking photos in my neighborhood and in social events such as weddings and birthday parties. With time, my clientele grew and I started getting big photography jobs such as corporate events.

I later decided to start shooting and editing videos to supplement my income. This is what I am still doing.

I am married with two children who are 11 to 15 years old and they are both in school.

My Business

As aforementioned, I am in photography business. I normally take photos and videos for social events like weddings, gospel crusades and music production. My clients normally contract me a few weeks to the function.

My work is usually to record an event and to edit it using computer and then deliver the finished product to the client usually in form of DVDs. I make a net income of about $400 every month.
This work takes long hours in all stages and I have one assistant who helps me with this production.

Loan Proposal

I am a photographer but I decided to venture into sales of photography accessories a a few months ago. I started with a few batteries and tripod stands and the business is very promising. The only limiting factor is capital and I am glad that I have been given this opportunity to ask for more credit from Zidisha.

To this end, I intend to buy a dozen camera batteries and this will cost about USD 300 and two tripod stand at a total cost of USD 120. This will earn me about 30% profit and this will contribute to further growth of my business.

Thank you.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$426.00

Date disbursed

Oct 9, 2016

Repayment status

Late

Projected term

65 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Peris    Sep 19, 2017

    I talked to Alfred. he promised to resume his repayment.

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  • Alfred    Mar 22, 2017

    My business is not doing well at the moment. I am finding it difficult to raise the KES 600 per week and I hereby request you to allow me reduce this amount to KES 100/- until the situation improves.

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  • Peris    Mar 8, 2017

    alfred mangutu isn't picking my call. his phone rings but it's not picked. his referee said he will assist in n locating him.

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  • Alfred    Oct 6, 2016

    Thank you lender Paul and the entire Zidisha team for extending this credit to me. I will use the money to boost my new venture and this will increase my income.

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  • Alfred    Oct 5, 2016

    Thank you lenders for the loan. I managed to buy batteries for my camera and this has increased ease of doing my work. I am happy my business is doing well because of your support.

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  • Alfred    Oct 14, 2015

    Dear lenders, I confirm that I received 41,201 KES that you raised for my loan. I am now ready to buy the equipment and this will help me a lot in my video work. Thank you so much and I will keep you posted.

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  • Alfred    Oct 11, 2015

    Thank you so much dear lenders for your contributions. I will now buy the much needed equipment for my video work.

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  • Alfred    Oct 11, 2015

    Thank you lenders for your overwhelming support. Seeing the funding grow is the best movie I have ever watched! Much appreciated.

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  • Alfred    Sep 30, 2015

    Thank you so much lenders. Through Zidisha loans, I have been able to grow my business to levels that I never imagined before. I believe with bigger loans, I will be able to scale more heights of success.

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  • Alfred    Sep 4, 2015

    Thank you lenders for the funds. This is the stand that I bought with the money you lent me. My work is now easier and better due to this essential tool. This will make my work look more professional and hopefully translate to more jobs for me.

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  • Alfred    May 13, 2015

    I received KES 19,104 this morning. Thank you very much for the loan and I am now going to buy the stand that I need so much in my business. I will keep you posted.

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  • Alfred    May 12, 2015

    Thank you lenders for the loan. I will use the money to buy a tripod stand that I need so much in my business.

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  • Victor    May 11, 2015

    All the best Alfred.
    To lenders, kindly visit my page too before my proposal expire.
    Thank you

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  • Alfred    May 5, 2015

    Thanks Axel for supporting me once more.

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  • Alfred    May 5, 2015

    I got my first loan in January this year. I was very excited about it because at first, I did not believe that it is possible to get a loan online. I was able to buy a number of consumables that I use in my business and this brought a big change in the way I do business. Results - more revenue and happier clients. Thank you for your support.

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  • Alfred    Apr 2, 2015

    To my lenders, I am glad to let you know that the loan you advanced me helped a great deal. I can now do my work conveniently because of the material that I bought with your money. I will file a more comprehensive report soon.

    Thank you very much and I wish you success too.

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