Loan to purchase a modern camera for my photography business

Dauglas Mwanga

Kawangware, Kenya

100% repaid

Entrepreneur

Name

Dauglas Mwanga

Member since

November 2014

On-time repayments

269 installments  •  20%

About Me

I was born 30 years ago at a village in Western Kenya and went to school there. I grew up with a vision to be a career Journalist. While in Primary School, I ventured in poultry where I reared local breeds and sold both eggs and chicken to the teachers and neighbors.
When I sat for my KCPE, I scored good grades and joined high school where I also completed and later joined campus to pursue Journalism and Communication.
In 2009, I finally completed and joined a local radio station where I worked there as a presenter/Reporter for a whole year. I moved to a different local community Radio Station where I worked again for a year before leaving to join a monthly Education Magazine where I worked as a writer.
In January 2013, I left work as a writer to start my small Computer printing,typing, photo and Video Editing as well as photo copying.
within two months as an entrepreneur, I got a job at a Local College teaching Journalism as a part time lecturer.
Since then, my business continue to flourish day after the other. I now want to replace an editing Computer and employ one person from college as an intern so that i can improve efficiency of the business.

My Business

My business deals with copy typing, printing, photocopying, photo/passport taking /editing and Video editing. I
I realized many people in my neighborhood and in church are in need of video and photo coverage during their events.These events range from weddings, house warming, funerals, passports for students registering in schools/colleges. a part from that, my business is strategically positioned at a D.o/Chief's camp where many people come for services and mostly want photocopies of their documents. so it is easy to tap them.
I chose this kind of business because its part of my career and also because of the overwhelming demand of the above services within this locality. I get considerable profits which I save part of it for my son's future, and also part of it for purchase of accessories, stationary and maintenance, Rent, and other utility bills. I seek 60000 Kenya shillings to buy a modern computer that is compatible with modern editing software to edit clients videos and photos. It will also help me increase the number of interns to 2 where they will get enough resource to learn from. I will appreciate getting a loan to improve my business and empower others also as enshrined in our Kenyan Vision 2030.

Loan Proposal

Since my Business deals with photography of all kinds, photo printing, video coverage and editing, I need modern equipment to undertake this task. The wise men say that a picture is worth a thousand words, and if that picture has to be worth a thousand words, it has to be of higher quality. secondly, I currently use a small digital camera with 10.1 megapixels which does not really produce the best quality that my clients deserve. That is the chief reason why I need a loan to purchase a good Camera.
In a nutshell, all the money that am seeking to raise will all go towards purchase of the said camera. currently, a cannon camera size that i want to purchase goes at around 32,000Kes. Given that am set to raise 23,700Kes from Zidisha, I will need to add around 10,000Kes in order to acquire this equipment and my business will flourish!Kind regards as I look forward to raise this loan.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$267.48

Date disbursed

Dec 30, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $267.48 at 2.85% annual rate over 2 months = $1.72

Service fee: $2.23

Lenders

investor

Candiac, Canada

Zidisha

Sterling, United States

rasmus

Bern, Switzerland

Matthew

New York, NY, United States

C

Casaderanas

Adelaide, Australia

C

Cohoes

Albany, United States

JM

Joseph Martinez

San Jose, United States

F

flaguy999

Tampa, United States

R

rkilliany

Somerville, United States

M

MichaelSmith

Dallas, United States

dmirpuri

Bangkok, Thailand

Svetlana3k

Harvard, United States

D

dolfan19

Boiling Springs, United States

D

dajja

Stockholm, Sweden

M

MirTemporal

Hyde Park, United States

J

JacobvdW

Netherlands

meryn

The Hague, Netherlands

R

richardbrewster

United Kingdom

lajulajay

United States

M

Mikat

United States

T

timnj

United States

fang

United States

M

Millie_and_Babs

United Kingdom

C

Clementinegirl

United States

E

ErinL

United States

KM

Kirsty M

United Kingdom

KH

Kaylee Howell

United States

Ask Dauglas a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Dauglas Mwanga    Oct 25, 2019

    I would like to reduce my loan repayment to 300Kes due to the declining income. Once things change for better, I will readjust upwards there after. Regards.

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  • Dauglas Mwanga    Feb 2, 2017

    Dear Lenders, I have been in the cold for a while now, I apologize for any inconvenience caused. Am gonna start repaying my installments this weekend.

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  • Dauglas Mwanga    Aug 9, 2016

    Dear Lenders, I have been away for three months due to some an avoidable circumstances. Am now back and will continue to repay my loan on time. My spinal is however doing well though some pains which my doctor is trying to work on during my every month therapy. My business is also doing well ...I reopened it this month.Am so sorry for the inconveniences I might have caused you.

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  • Oscar Alochi    Jun 24, 2016

    Hi,Lenders i called Dauglas today concerning his loan and he assured me to settle his Zidisha outstanding balance once he get financial fit as per now he his still struggling with his business.

    Thank you

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  • Dauglas Mwanga    Mar 29, 2016

    Thanks Lenders for your continued support. Today am healed and happy because of your support.God bless you.

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  • Dauglas Mwanga    Feb 17, 2016

    Thanks so much Brittany Sherwood.God bless you... thanks for your support.Am now up and running my business and job do that I repay the loan on time.

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  • Brittany Sherwood    Feb 16, 2016

    So happy to hear you've recovered! =)

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  • Dauglas Mwanga    Jan 27, 2016

    Thanks everyone.now fully recuperated.

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  • Dauglas Mwanga    Jan 18, 2016

    Dear Lenders, I would like to reduce my installments from 1000kes to 200kes to allow me recover then will readjust upwards later.Regards.

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  • Dauglas Mwanga    Jan 15, 2016

    Thank you so much all for your prayers and financial support towards my therapy which just ended on Friday last week. God bless you so much, I feel humbled and am now up. I will continue to repay my due installments as supposed to.Blessings.

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  • Dauglas Mwanga    Jan 1, 2016

    I really appreciate very much my lenders for funding my health bill. It was a life changing event that I cannot forget in my life. The therapy began yesterday and am happy to update that today I celebrated with colleagues and my family in the new year celebrations.
    Am now recuperating and undergoing some minor therapy till 7th next week. To God be the glory. May he uplift you all my lenders. God bless zidisha!!I received 57,000kes and will clear the bill next week when I finish my medication.Happy new year and God bless you once again.

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  • Dauglas Mwanga    Dec 29, 2015

    Brittany Sherwood thank you so much, God bless you.

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  • Dauglas Mwanga    Dec 29, 2015

    Thanks so much my V.M Oscar, am humbled.

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  • Oscar Alochi    Dec 29, 2015

    Great Finally you Loan has been 100% funded all the Best Mr Mwanga

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  • Dauglas Mwanga    Dec 29, 2015

    To all of you my lenders, I luck words to express my happiness for your unwavering support towards NY health.I now have hope that my spinal will be well in Jesus name.My God bless you so much.happy new year.

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  • Dauglas Mwanga    Dec 29, 2015

    Thanks a lot mr.Paul Bucheit and Matt Willis.God our Lord will bless you a great deal.
    Am humbled.

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  • Dauglas Mwanga    Dec 28, 2015

    Thanks a lot laguy999.Am humbled.

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  • Dauglas Mwanga    Dec 28, 2015

    Dear all Lenders, I appreciate your support before and now. Unfortunately the loan did not reach 100 percent. I am desperately and urgently in need of the loan for I depend on it for my Spinal therapy and operation which has been rescheduled for Friday 31st Morning. Kindly help me undergo this therapy and I wont forget you forever. May God bless you in abundance.

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  • Dauglas Mwanga    Dec 26, 2015

    mbarbier and Matt willis, thanks for your support too...May God continue to uplift you from one glory to the other.Am so much humbled and hopeful that all will be well here before monday as I look forward to that big day to determine the destiny of my life at KNH.God bless you as you desire and continue to fund my much needed health loan.

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  • Dauglas Mwanga    Dec 26, 2015

    Thanks Adika and Oscar Alochi my mentor for your best wishes. am humbled.

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