Thaddeus Odhiambo is a 32 year old father of four children - the oldest is 9 and the youngest is 2. Two eligible children are in school. Thaddeus runs two businesses. He ships fish, at a rate of around 200 KSH a day to El Doret (where many of the world famous Kenyan runners train) and has an employee sell fish at the market there. He purchases fish from the OFP fish-factory. Here in Kisumu, Thaddeus transports people on the back of his bike, known here as boda-boda. Asked which business he prefers, Thaddeus said without a doubt he would like to be a full-time fish seller. He is asking for 10,000 KSH to help with both businesses. He says that he believes his future is intertwined with Kiva's.
Please note that this Field Partner started working with Kiva before certain core risk and due diligence policies were put into place and therefore does not meet our current minimum risk criteria (K-Met has less than 1,000 borrowers and has not submitted recent audited financial statements to Kiva). K-Met is a unique microfinance organization that targets private health care providers and community health workers as a means to fulfill its mission of promoting development in underserved communities through innovative health and education programs. Private providers are given loans to upgrade their facilities and community health workers, who volunteer through K-Met, are given access to loan funds to grow their businesses and as a means of incentivizing them to remain involved in community health work with K-Met. Kiva was K-Met’s first external lender and the organization is rated a Kiva Star Rating of 1, which is the riskiest level. As a result of K-Met’s strong social mission and unique approach to microfinance and health, Kiva believes that loans to borrowers with K-Met may still be of interest to Kiva lenders, despite the increased risk, and has allowed the organization to continue fundraising on Kiva.