Photography and video equipments for my business

Martin

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

December 2016

On-time repayments

139 installments  •  60%

About Me

I am a highly motivated photographer and videographer so passionate in what I am specialized to do. Since I was a child, I've always dreamt of doing such kind of business since everybody likes to create memories through photos and videos. All through my life in this kind of business I'v been facing lots of challenges especially when it comes to my lack of equipment for this job. So, bearing with this, I mostly have to hire from those who have them thus making it a big challenge since they are very costly. Many are times when I give off some of my clients to others because of this issue. This is all I do, photography, videography and such related stuff to put food on table.

My Business

I do photography and video-making to people having events and I feel this being very useful to the societies since its the best way of creating memories. Furthermore, this is the very business that I greatly depend on. I chose to do this since I have specialized in it and that I am greatly passionate about it. I use every single penny from the profit I make in growing my business, household activities, savings and other minor activities. On average, I get roughly 30% profit on every expense in my business. As such I greatly honor my business since I'm left in no debt with any associates.

Loan Proposal

I will buy equipment that best suite my business which include a video/photo camera, speed-light lighting equipment which will all cost around KES 100,000. I believe this will be of great benefit to me and others since it will bring around employment creation. I expect a 50% increase in profit from current 30% because I will have no much lack in having the stuff I need.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,007.00

Date disbursed

Jan 23, 2017

Repayment status

On Time

Projected term

21 months

Other loans

Lenders

Craig Newmark

United States

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  • Martin    Nov 17, 2017

    I cannot afford to pay the amount of installment thus the reduction.

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  • Martin    Aug 7, 2017

    I think I can only afford this at the moment due to my current financial situation.

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  • Josphat    Aug 4, 2017

    hi lenders have called martin and he has promised to start paying in the next 3working days.thank you in advance.

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  • Martin    Jun 19, 2017

    With the weekly amount I get, alot of it goes to other primary expenses that leave me with not much savings.

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  • Martin    May 5, 2017

    I would like to thank all the lenders to my loan very much since this will help me boost my career. I will use the loan on equipments to use in photography and videography.

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