Ruth Atieno O. sells chapattis (an unleavened flatbread) and mandazis (a donut-like pastry) in Nyamasaria, a business she started in 2000 to generate income and help her husband in supporting their family. She travels on a weekly basis to Kibuye market to purchase her stock and would like to obtain a loan of Ksh 10,000 so as to improve her business and be able to generate more income. This will help her save some that she will then use to buy a piece of land and build rental houses.
Ruth is 32 years old, is married, and is the mother of three 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.