Lilian Akinyi O. is 27 years old, married, and the mother of one child. After quitting her house help job, Lilian decided to venture into business selling vegetables in Nyalenda, Kisumu, Kenya. She started her business in 2006 to generate income and support her husband in providing for the family.
Lilian dreams of expanding her trade so that she is able to buy a car for her business. For this reason, she decided to join the microfinance program of Kiva partner, K-MET, to expand her business knowledge. She is requesting a loan of 20,000 KES to increase her stock, with the hope of seeing her income grow. With her new profits, she hopes to build her own home, but this does not mean that her dream of buying a car has disappeared!
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.