[vc_row css=”.vc_custom_1520937692180{margin-bottom: 0px !important;padding-top: 60px !important;padding-bottom: 1px !important;}”][vc_column width=”1/2″ css=”.vc_custom_1504000221218{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;border-left-color: #eaeaea !important;border-left-style: solid !important;border-right-color: #eaeaea !important;border-right-style: solid !important;border-top-color: #eaeaea !important;border-top-style: solid !important;border-bottom-color: #eaeaea !important;border-bottom-style: solid !important;}” el_class=”margin-gap”][vc_column_text]K-Rep Group is a private development organization that specializes in microfinance. It was established in 1984 by a USA based Private Voluntary Organization (PVO)-World Education Incorporated with funding from the United States Agency for international Development (USAID). It was established to address financial, management and technical capacity needs of Non-Governmental Organizations (NGOs) involved in micro and small enterprises (MSEs) development.

In 1998, K-Rep underwent organizational transformation, which involved creating K-Rep Group, a conglomeration of for-profit and not-for-profit organizations. The Group included a holding company K-Rep Group Limited, an NGO K-Rep Development Agency, a bank K-Rep Bank (recently named Sidian Bank). Further organizational transformation occurred in 2006 with the establishment of K-Rep Fedha Service- a company that provides management and technical services to Financial Services Associations. In 2009 with the establishment of Juhudi Kilimo Company Limited-a company that provides asset financing to smallholder farmers and in 2010 with the establishment of Makao Mashinani Limited-a company that provides financing to low-income people to construct their houses. K-Rep Group’s mission is “To empower low-income people, serve as a catalyst for them to increase their participation in the development process, and to enhance their quality of life”. K-Rep Group’s broad objective is to find strategies and systems to overcome poor peoples’ burden of poverty.[/vc_column_text][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1504000198723{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;border-left-color: #eaeaea !important;border-left-style: solid !important;border-right-color: #eaeaea !important;border-right-style: solid !important;border-top-color: #eaeaea !important;border-top-style: solid !important;border-bottom-color: #eaeaea !important;border-bottom-style: solid !important;}” el_class=”margin-gap”][vc_column_text]VISION
“A Kenya where people have economic means to sustain their livelihoods”

“To contribute to reduction of poverty in Kenya by creating economic opportunities for low-income people through, microfinance research and innovations, inclusive agribusiness, entrepreneurship and MSME development and innovations”

This mission is to be achieved by developing, testing and promoting the adoption of appropriate micro finance products and service delivery mechanisms for improving accessibility of financial services to low income people, capacity building of entrepreneurs, market linkages and access to finance and technical support as well as environmental protection and conservation-pursuing the green agenda.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1520937681428{margin-bottom: 0px !important;padding-top: 6px !important;padding-bottom: 60px !important;}”][vc_column css=”.vc_custom_1504000221218{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;border-left-color: #eaeaea !important;border-left-style: solid !important;border-right-color: #eaeaea !important;border-right-style: solid !important;border-top-color: #eaeaea !important;border-top-style: solid !important;border-bottom-color: #eaeaea !important;border-bottom-style: solid !important;}” el_class=”margin-gap”][vc_column_text]KDA’s ultimate success is achieved when it can spin-off or transition a successfully tested product line or service delivery mechanism for accessing financial services to low-income people. Since 1997, when it started pursuing the above objectives, KDA has developed and institutionalized the following products:

In 2006, K-Rep Fedha Services (KFS) was spun-off from KDA and incorporated as a limited liability company to offer management and technical services to community owned financial entities known as Financial Services Associations (FSAs).

In 2009, KDA institutionalized the asset financing/micro leasing product for smallholder farmers into a newly created company- Juhudi Kilimo Company Limited. KDA in conjunction with K-Rep Bank and a Health Management Organization (HMO) – AAR Health Services, successfully developed a health insurance scheme for low income people. This project was institutionalized in AAR Health Services in June 2005. The project successfully developed two key products;

Afya card: an easy access, comprehensive and affordable health care package. Afya card offers both outpatient and in-patient cover. It is a family based health plan designed to cater to the basic healthcare needs for the whole family.

Afya loan: a loan product that is accessible and flexible to allow clients to finance the annual membership fees for the afya card and repay the loan in instalments. AAR established a new company-AAR Credit to implement this product.

KDA successfully pilot-tested and refined a seasonal loan product for smallholder farmers. The product was institutionalized in K-Rep Bank (now Sidian Bank) in 2004.

From 2006 to 2009 KDA implemented a project that sought to develop a savings culture among adolescent girls in Kibera slums of Nairobi as well as to provide financial education. The project was institutionalized in Sidian Bank (formerly K-Rep Bank) in 2009.

The low-cost housing: This project was successfully pilot tested and institutionalized in a newly created company known as Makao Mashinani Company Limited in November 2010. Since 2014, KDA has been testing a micro leasing product for solar lanterns and energy saving charcoal stoves (jikos). Since 2013 KDA has been pilot testing a credit product for installation of biogas systems for smallholder farmers in rural areas[/vc_column_text][/vc_column][/vc_row]

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