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Mildred
Mildred A. sells cereals in Nambale Center and stays in Manyole village in the Nambale Busia District. She started her business in 1992 to be able to support her husband in bringing up their seven children and also be self-sustainable and independent. She is forty years old.

She buys her cereals to sell from Chwele town weekly, but she would like to increase the amount of stock she has so she can achieve her future goal of expanding her business. She is very determined to make that happen.

She is requesting a loan worth KSH 30,000 to help her accomplish her goal.

Additional Information

Important Information

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.

About Kenya

  • $1,800
    Average annual income
  • 1014
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 76.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Mildred to increase her stock of cereals for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 27, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012