Joebet clothing enterprice

Joseph Mwalo

Eldoret, Kenya

100% repaid



Joseph Mwalo

Member since

February 2015

On-time repayments

252 installments  •  34%

About Me

I come from Western Kenya a place called Ugenya and but currently I live and work in Eldoret Town. I have been in these Town for the last ten (15) years. I am a marriage man to one woman aged 42 years with five children (four girls and one boy). I have O level Education background also possess a Bachelors degree in Biblical Studies. I have been a Pastor for 10 years. Due to financial challenges and family responsibilities forces me do part time business of selling clothes to minimize financial constraint

My Business

About My Business
Besides Pastoring, I have been selling clothes to offices, shops and estates. I chose this business due to high demand by the people who have no time going to the market because of their working condition and various engagements. I also have a shop where I display clothes for sales. My business is always active and promising as the two business support each other.
The business does not face any risk as I select the best clothes from main market and stock them in my shop and sell others at mobile shop. My monthly cost of running the business is $ 90 while average Gross profit before the expenses is how I normally use profit approximately $ 70
The following is how I use profits from the business:-
10% I give tithes to church
50% Upkeep i.e. food and clothing
5% Savings
20% Payments of school fees
15% bills, rent and emergencies

Loan Proposal

My Loan Proposal
Thank you for giving me an opportunity to get the credit from you. Given loan of $100 I will use it wisely especially to increase my stock and sell as demand for good is high which will help me repay my loan at the right time.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Mar 24, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $3.99

Joseph opted to pay $79.71 into the Zidisha Members Loan Fund in return for a higher starting credit limit.


Paul Buchheit

Mountain View, United States

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