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Felix O. is a 32 year-old businessman who sells bicycle spares in Nyamasaria Kisumu Kenya. He started his business in 2001, after ditching welding as a source for generating income, and he buys his stock in Kisumu town on a weekly basis.

Felix is a father of three children and also takes care of two orphans. His dream is to see all of these children get a good education that will guarantee them a better future but this will only come to pass with him having a solid financial base.

This is why he wants to boost his business by increasing his stock that will see him generating enough income. It is for this reason that he wishes to get a loan of 20000 KES.

Additional Information

Important Information

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.

About Kenya

  • $1,800
    Average annual income
  • 534
    View loans »
    Kenya Loans Fundraising
  • $49,761,875
    Funds lent in using Kiva
  • 76.5
    Kenya Shillings (KES) = $1 USD