Tobias O. A. is a farmer in Lwanyange village, Nambale divison, Busia District, Kenya. Before he started farming he was a car mechanic but he says he was well paid by his standards. Tobias, like all farmers in Nambale, plants and harvests twice a year.
Tobias would like a loan of Kshs. 20,000 to be used in expanding his farming area, to buy seeds and hire some labor for land preparation. His main plan is to guarantee education for his children to the highest level, as long as he is alive, he says. Tobias is 39 years old, married and blessed with 5 children.
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.