Four years ago, Vinceansia began farming sweet potatoes on a 1.5 hectare (3.75 acre) plot of land outside of the town of Rongo, Kenya. Working 10-hour days on the farm has not been easy, but she has managed to build up the business bit by bit over the years. She now employs several people to help her in the fields and has diversified into buying and selling grains in the marketplace of Rongo.
Vinceansia is requesting a loan of 40,000 Kenyan Shillings so that she can improve her farm and increase her yield.
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.