My iPhoto crashes after 5 seconds on iPhone 4S

Im running 5.0.1 OS on iphone 4S , just have downloaded iphoto , but seems like something went wrong , when i open the app from my home screen it does open for like 5-9 seconds showing the interface , but not showing any pics from my photo library or folders then it crashes , + ( sometimes before crashing it says) updating photo library , just for 1 seconds loading bar then crashes , tried deleting all photos i had on my library and formating my photostream and everything in my albums and restarting phone but still nothing happens also tried deleting app.iphoto.mobile by iExplorer  , iPhoto just keeps crashing like this , is there any solution ?

thanks in advance