Alice is a 32 year old mother of one school-going child. She lives with her family in Nyalenda Kisumu in Kenya. She operated a dressmaking shop in Nairobi until 2004 when she moved her business to Kisumu. She specializes in making women's dresses and school uniforms.
The central location of her shop in busy environment coupled with many years of doing good business within the community, has gained her a good reputation and a wide customer base. She intends to acquire additional stock of dressmaking materials with a portion of $500 for which she has applied.
Important InformationPlease 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.
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