Linus M. is a businessman who makes and sells bricks within the community where he lives. He started his business in 1998 after he finished his studies as a source of income. He is 38 years old and married with four (4) children living with him in Nambale Busia District. This is where he also does his business.
Linus wants to increase his brick production. That will enable him to achieve his goal of going large scale to be able to attain a profit that will ensure him economic sustainability and a better future for his family. To do this, he requires a loan of Ksh.10,000 that he will be repaying. He will save the profits generated from his business.
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.