• The Kiri Group: A Social Enterprise Tackling Poverty in Kenya

    Makena Wanjiru, chair of Kiri Mount Kenya Conservation Network and Resource Centre (Kiri), wondered whether turning Kiri’s loans business into a co-operative bank would be in the group’s best interest. The challenge was to convince the rest of the board members of the idea. The board of directors would meet on July 18, 2019. Wanjiru had to draft a report before then explaining how the idea was consistent with the group’s current strategy and would benefit Kiri for years to come. Wanjiru also needed to consider strategies to grow Kiri’s agribusiness beyond the Mount Kenya community.
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  • Lilgaa Property Management: Property Investing in Eldoret, Kenya

    In 2013, a successful entrepreneur in Eldoret, Kenya was considering her options. In 2007, after a history of operating several small businesses, only one of which failed, she founded Lilgaa Property Management Ltd., a real estate and property management business. She had focused her energies on the real estate industry in spite of its many challenges, which included corruption and lack of regulation, enforcement and trust. In 2013 she needed to decide how to grow her business, specifically, whether she could buy a building in Eldoret and rent it out or buy a plot of land on the outskirts of town and build a hotel; if the latter, would it cater to the middle or upper class? She had to assess the various elements of the business, political and social environments and consider the potential risks that could affect the outcome of her investment.
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