Christopher, 24, is married and has a 9 month-old child. He is a hard-working man who earns income operating a motorbike taxi (called a piki piki by the locals) in Kisumu, Kenya. However, he currently has to lease a motorcycle which costs a lot, leaving little profit. Even if he does not get much business on a given day, Christopher has to pay the fee to the motorbike owner. He therefore dreams of being able to save enough to afford his own motorbike, so that he can keep all the money he makes from his business. Christopher already has decided on a particular model available at a downtown retail store, and will use his loan to make a down-payment.
Christopher is extremely excited about the work that K-MET is doing and wants to recruit new members so that they can benefit from K-MET's work in the community.
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.