buy a computer for my videography service

David

Mombasa, Kenya

100% repaid

Entrepreneur

Name

David

Member since

May 2014

On-time repayments

235 installments  •  25%

About Me

My name is David Waigwa. I was born in Central Kenya where I was brought up. I then relocated to coastal town of Mombasa 15 years ago in search of greener pastures.

I started business as a photographer and through savings, I enrolled for a short computer course to learn computer literacy. I later enrolled for a video editing course where I learned video editing skills using computers.

Through more savings, I managed to buy one computer and a camera which I use to do my videos,work. I combine both still and video coverage that is what gives me and my family our daily bread.

I am married with two children aged - both girls aged 13 and 5 years old.

My Business

My business deals with photography, both still and videos. I also undertake video editing work for other cameramen who do not have equipment or skills to do the job. I have done this work for the last 10 years and I am well known within my area of operation.


I cover functions such as weddings, documentaries and music. I make an average net profit of $350 per month.

I face a number of challenges in my business but the main one is lack of capital to expand the business. The equipment for this job are costly and getting credit locally is a bit hard.

If I get a loan of $150 from Zidisha, I will be able to add this amount to my savings and buy a fast and reliable computer since the one I have is old and cannot support the latest Operating system and video editing programs which are essential in my work.

Loan Proposal

I am a videographer specializing in social events and documentaries. I serve both low budget clients as well as corporate clients. I also take still photographs for the same occasions. My business is busy all year round but the season peaks in August and December due to the high number of weddings held in those months. I do video editing using my computer. I make an average net profit of $400 per month. I currently use one computer to do all the editing work.

This slows me down, since I cannot multi-task. To satisfy my clients, I would like to have another computer which will make it possible for me to clear the backlog much faster. A refurbished computer with a fairly good speed will cost me around $150 and this will go a long way in increasing my productivity.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 29, 2014

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

investor

Candiac, Canada

zphelj

Dallas, United States

K

Katehar

Maple Valley, WA, United States

M

mistromme

Roseville, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

B

blambert

United States

SV

sven vdk

Twickenham, United Kingdom

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Summary

Amount repaid

$163.86

Amount remaining

$0.00

Date repaid

Feb 6, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 8, 2014 $3.37 Aug 8, 2014 $3.37
Aug 15, 2014 $3.37 Aug 15, 2014 $3.37
Aug 22, 2014 $3.37 Aug 15, 2014 $3.37
Aug 29, 2014 $3.37 Aug 15, 2014 $0.23
Aug 31, 2014 $3.14
Sep 5, 2014 $3.37 Aug 31, 2014 $3.37
Sep 12, 2014 $3.37 Aug 31, 2014 $0.47
Sep 11, 2014 $2.91
Sep 19, 2014 $3.37 Sep 11, 2014 $1.74
Sep 22, 2014 $1.63
Sep 26, 2014 $3.37 Sep 22, 2014 $3.02
Oct 3, 2014 $0.35
Oct 3, 2014 $3.37 Oct 3, 2014 $3.37
Oct 10, 2014 $3.37 Oct 3, 2014 $1.51
Oct 24, 2014 $1.86
Oct 17, 2014 $3.37 Oct 24, 2014 $2.79
Oct 29, 2014 $0.58
Oct 24, 2014 $3.37 Oct 29, 2014 $2.91
Nov 12, 2014 $0.47
Oct 31, 2014 $3.37 Nov 12, 2014 $3.37
Nov 7, 2014 $3.37 Nov 12, 2014 $3.14
Nov 25, 2014 $0.23
Nov 14, 2014 $3.37 Nov 25, 2014 $3.37
Nov 21, 2014 $3.37 Nov 25, 2014 $3.37
Nov 28, 2014 $3.37 Nov 25, 2014 $0.58
Dec 10, 2014 $2.79
Dec 5, 2014 $3.37 Dec 10, 2014 $3.37
Dec 12, 2014 $3.37 Dec 10, 2014 $0.81
Jan 2, 2015 $2.56
Dec 19, 2014 $3.37 Jan 2, 2015 $3.37
Dec 26, 2014 $3.37 Jan 2, 2015 $1.05
Jan 22, 2015 $2.33
Jan 2, 2015 $3.37 Jan 22, 2015 $3.37
Jan 9, 2015 $3.14 Jan 22, 2015 $3.02
Jan 31, 2015 $0.12
Jan 16, 2015 $0.00
Jan 23, 2015 $0.00
Jan 30, 2015 $34.88 Jan 31, 2015 $34.77
Feb 6, 2015 $0.12
Feb 6, 2015 $51.65 Feb 6, 2015 $51.53

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