Professional camera for photography service

Duncan Obare

Embakasi Village, Kenya

16% repaid

Entrepreneur

Name

Duncan Obare

Member since

March 2014

On-time repayments

9 installments  •  11%

About Me

I AM DUNCAN OBARE FIRST BORN WITH TWO SIBLINGS, HAPPILY MARRIED WITH TWO KIDS A DAUGHTER 3YRS OLD AND A SON 7MONTHS OLD. I AM A DIPLOMA HOLDER IN MASS COMMUNICATION WITH PASSION IN PHOTOGRAPHY AND CINEMATOGRAPHY. I STARTED A COMPANY CALLED DETECH IMAGES AFRICA AS A WAY OF EMPLOYING MYSELF AND ALSO PURSUING MY AMBITION IN CINEMATOGRAPHY.. WITH THE LOAN I WILL BE ABLE TO PURCHASE A DSLR CANON CAMERA THAT WILL BE HELPFUL IN MY JOB, I SPEND 3000 IN EVERY JOB I DO TO HIRE A CAMERA WHICH IS EXPENSIVE TO ME UNLIKE IF I HAD MY OWN CAMERA.

My Business

I PROVIDE CINEMATOGRAPHY AND PHOTOGRAPHY SERVICES AT WEDDINGS, CORPORATE FUNCTIONS, FAMILY GATHERINGS AND COMPANIES. I DO VIDEO COVERAGE, DOCUMENTARIES, PHOTOGRAPHY AND VIDEO EDITING. I ALSO TRAIN INDIVIDUAL STUDENTS PHOTOGRAPHY, VIDEO EDITING AND CINEMATOGRAPHY. IN AVERAGE A MONTH I CAN EARN BETWEEN 10,000 AND 15,000 AFTER ALL DEDUCTIONS.
APART FROM MY COMPANY I WORK AS A CAMERA MAN AT TV10 KENYA AND I WILL USE THE SALARY I EARN FROM THERE TO PAY THE LOAN IN CASE MY COMPANY DOES NOT EARN ENOUGH FOR THE MONTHLY PAYMENT.

Loan Proposal

With the loan i will be able to top up my savings and purchase a camera. The camera will enable me do projects smoothly and avoid the expense of hiring one every time i get a client or job to do.
The camera am aiming at is a Nikon D60, its a professional camera both in photography and cinematography. Once i have it i will save up to 4000 every month the cash i use averagely to hire one.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.92

Date disbursed

Nov 19, 2014

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Lender interest: $49.92 at 7.60% annual rate over 2 months = $0.70

Service fee: $0.34

Lenders

G

guenter

Bremen, Germany

J

JacobvdW

Netherlands

P

Prometheus

Duisburg, Germany

M

MatzeFR

Frankfurt, Germany

Tsay

Taipei, Taiwan

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