How the Kenya Women Finance Trust became a model lender
Sometimes, numbers speak louder than words. Six years ago, the Kenya Women Finance Trust (KWFT) was losing around US$290,000 a year. By 2006, it was posting annual profits of US$1.87 million and changing the lives of more than 100,000 poor women. By any standard, this is a remarkable turnaround. But behind the numbers lies an even more remarkable story.