Total loan: $4,100
San Antonio, Texas, TX, United States / Services
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A loan helped Video Equipment.
Phillip L. plans to buy a new video camera with his loan. Currently, a video production company contracts him to film events, business meetings and depositions. Because he does not have a camera, he has to rent one each time he is contracted and the profit margin is lower. When he buys his new video camera, he will not have to rent equipment and he can even be hired directly, instead of through a company. Phillip hopes that his business will expand to the point where he can buy better cameras and employ people. He also dreams to start many more businesses like refurbishing cars to use less gas and buying homes to rent out to people. Phillip is very involved in his church and is excited to teach the youth group how to film. They all plan to make short films together as a youth group activity.