Stocking my shop with wheat flour and cooking fat

Peter Thuo

Miti Mingi, Kenya

100% repaid



Peter Thuo

Member since

August 2014

On-time repayments

56 installments  •  57%

About Me

I am a married man who aspires to be a successful business man. Luckily, I am already in business, I have a retail shop where I buy large amounts of basic household goods and repackage them to sell at a profit. I have successfully completed secondary school education after which I started working with my uncle in Kitale town. From my uncle, I have gained so much experience in business and that is why i relocated to Miti Mingi to Start my own small shop which has grown to a large shop. I love watching movies and visiting places during my free time.

My Business

My shop is popularly known as Thuo's Shop in Miti Mingi. It involves selling basic household items such as foodstuffs (rice, maize floor, sugar, salt etc) and other consumables and non-consumables like umbrellas. In a typical month, I am able to calculat a profit of Kshs. 30000 gross and daily sales of more than 12000. this means that my shop is sustainable and if I can manage and grow a shop, I can also handle loans. I am greatly inspired by my friends who have businesses and seeing them struggle incessantly makes me keep going. I want to make my shop a wholesale in future because Miti Mingi is rapidly growing both as business and trading centre.

Loan Proposal

I would like to stock up my shop with wheat flour and cooking fat in large commodities in order to serve the surrounding hotels well and sufficiently. With the help you as the zidisha team have given me recently, I was able to increase my monthly income from 30,000 shillings to 34000 shillings. with your continued support I promise to work diligently and never to remmit my payments. may God bless you abundantly. Thanks as you prepare to fund me a loan . Thanks alot zidisha Organisation in advance.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Nov 19, 2014

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $148.76 at 7.45% annual rate over 1 month = $1.19

Service fee: $0.59



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Matching Fund

Sterling, United States



United States




Paul Buchheit

Mountain View, United States












Duisburg, Germany


Taipei, Taiwan

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  • Geoffrey Waweru    May 2, 2018

    I always spoke to Munyua on Zidisha loan matters but still claims that his all loan were never disbursed, it was taken as a MLF,I am still convincing him to pay

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  • Geoffrey Waweru    Mar 27, 2018

    Spoke to Munyua and keep insisting that he received no loan since all the amount was deducted as membership fee,I showed him why and promised to pay

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  • Geoffrey Waweru    Feb 19, 2018

    I met Munyua early this morning ,and he promised to resume paying soonest possible

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  • Geoffrey Waweru    Jan 18, 2018

    Morning my lenders I personal has spoken to Peter and his claim was that the loaloa n he was given of 13000,was taken yo cover the Zidisha loan fund,I explained to him and promised to pay within shortest time possible

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  • Geoffrey Waweru    Nov 7, 2017

    Contacted the concerned severally and instil that he is unable to pay since he applied a loan of 130 us dollars ,awarded and all the cash deducted and accounted for the members loan fund,so never received any cash

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  • Geoffrey Waweru    Jun 28, 2017

    I communicated to Munyua and he promised to resume the payments from Sunday

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  • Geoffrey Waweru    May 10, 2017

    I communicated to my friend Peter on why he never make his payments and told me that he got discouraged since he was given a loan of 13000 and never received anything, reason being it was deducted to cover loans fund.....I convinced him and he agreed to start making his weekly payments.. Thanks Zidisha

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  • Grace Akoth    Jan 31, 2016

    Dear Lenders
    I am still following up on Peter and he says he will pay today abit of the amount. He requested that I reduce the repayment amount from Ksh 1,000 to 500. Lets hope for the best.

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  • Grace Akoth    Jan 23, 2016

    Hi Lenders
    Still following up on Peters issue and he wants to reduce his weekly instalments. So i have encouraged him to pay the first instalment in full first (he paid half of it) so that i am able to help him change his instalment amount.
    He has promised to do that tommorrow. Will n keep you updated.

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  • Grace Akoth    Jan 1, 2016

    Hi Lenders!
    I finally was able to find Peter on phone. He has got some network issues around his area hence the problem locating him through his mobile. He has been having financial issues because the loan disbursed after deducting the Loan Fund he dint remain with anything therefore it become hard to start paying. After explaining to him the importance of the Deposit Fund we agreed that starting this Sunday he is going to update all the payments.
    I realise also that the initial instalment amount he quoted was too high and after realising he cannot do the adjustments himself and I am far from him I called the Person who invited him to Zidisha Mr Geoffrey Waweru to help with the adjustments before Sunday so that he can offset the arears. I also requested Mr Geoffrey Mwangi to follow Peters progress keenly because he is his very good friend and let me know incase of any problem.
    I wish Peter all the best! Happy new year Peter

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  • Grace Akoth    Dec 30, 2015

    Hi lenders!

    I was not able to find Peter on phone several times. I will try to get in touch with him gain tommorow.

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  • Peter Thuo    Nov 12, 2015

    I will buy three bags of sugar. from its profits I will benefit by introducing some new commodities in my shop.i really thanks my landers for bringing me this far.

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  • Peter Thuo    Oct 30, 2015

    my recent loan helped alot since i managed to intoduce some school stationaries in my shop.i also managed to buy house utencils and furnitures .i dearly thank all my lenders for bringing me this far.i pledge to remitt my instalments in time.

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  • Peter Thuo    Jul 21, 2015

    businesses are now doing well since farmers are harvesting

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  • Peter Thuo    Mar 17, 2015

    For the last two months I have encountered cash flow shortage due to prolonged drought. I therefore decide to reduce my instalments. Thanks in advance

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  • Peter Thuo    Jan 7, 2015

    Thank you zidisha for the quick funding. kind regards. Peter, mitimingi

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  • Wise Torgbo Dziedzorm Kwaku    Jan 6, 2015

    Hello Peter,
    All the best

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  • Peter Thuo    Dec 30, 2014

    I would really start by thanking the zidisha Organisation. The loan you funded me with enabled me to have surplus stock for the festive season and I managed to get a profit of approximately 17,000 in a period of two weeks. I managed to buy two chairs for my young family since I got married in September this year and my living standards have really improved .For the new loan application, I want to introduce back to school commodities such as books, pens, pencils and several uniforms and shoes too. may God bless you abundantly.

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  • howard    Dec 29, 2014

    Thank you, Peter, for your excellent repayments.

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  • Peter Thuo    Dec 19, 2014

    for the last 3 weeks my business has given me a return profit of 150 us dallars.with such profit I believe I can manage to pay such a higher instalment. I also believe that paying my loan faster will give my fellow borrowers that golden opportunity to borrow money and improve their business. your loan has taken me far and also improving my living standards. thanks alot zidisha Organisation.

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