Anna runs a tailoring and dressmaking business in Achutti Market. She has had this business since 2002; she started with her own savings and has improved the business with additional funds from K-MET. She purchases supplies in small quantities from nearby Migori and sells her sewing creations around locally and from her stall at the Achutti Market.
Anna is requesting a loan of 22,500 KSH (US$ 300) in order to buy more materials and sewing supplies. The profits from her business enable her to pay school fees for her children and pay household expenses, so she would like to expand and be able to make higher profits.
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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