Her enterprise is doing well, and twice a month she travels to Nairobi, which is about six to eight hours by bus, to purchase the cloth and materials she needs.
Helida is requesting a loan to purchase two more sewing machines, thereby increasing her total to six, as well as sewing supplies. In the future, she hopes to move to a bigger building in order to keep up with the expansion of her business and the demands of her customers.
Helida, married with three children, also supports two orphans and her grandmother. She uses the profits from her business to pay for school fees and living expenses. Helida is a dedicated businesswoman committed to the continual expansion of her dressmaking shop.
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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Success!! The loan was 100% repaid