Dr. Jennifer Riria is the Group CEO of Kenya Women Holding and one of Africa’s leading women entrepreneurs who has always been on a mission to transform the lives of women and their families in her native Kenya. She is distinguished as a microfinance banker and practitioner, researcher and gender specialist. She has served in many leadership roles for which she has been recognized locally and internationally. In 2013 she was awarded the Ernst & Young (EY) Entrepreneur of the year for East Africa, and subsequently, the EY Entrepreneur of the Year Award 2014, at which point she was admitted to EY’s Global Hall of Fame. Kenya Women Holding is a microfinance, banking and insurance group that works with over 900,000 women, employs 2,800 people and since inception has disbursed $1.3bn of loans, each one averaging less than $600. It is Kenya’s largest micro-finance provider working together with many leading civil rights organizations. Kenya Women Holding also coordinates the Tuvuke Initiative for a Peaceful and Fair Electoral Process, which works to prevent violence and create a safer, healthier environment for Kenyan democracy.
Jennifer’s Startup Story
Jennifer’s story starts in a Kenyan village where she was born the fourth child and fourth daughter in a family of 10 children. Her father worked and lived off the garden and although the family was poor, there were other family members who were even poorer living with them. Each day she would walk the 4km to school in her bare feet, washing out her school dress each night. Her life consisted of schoolwork by day and doing her daily chores in the evening, fetching water, looking after the cows, chopping firewood, helping to cook and looking after the babies. That was her life. She performed well in primary school and, as a result, was offered a place at the prestigious Precious Blood High School in Nairobi which was 700km away from home. She saw it as an opportunity to get on in life and was determined to attend the school, despite her parents being opposed to the idea. She embarked upon her high school career, boarding a bus and carrying only her clean underwear and a clean handkerchief. At the end of high school, however, Jennifer found herself pregnant and a mother, to which her father objected strongly. She did not let her situation stop her education, and with her child went on to study at the University of Dar es Salaam in Tanzania, where she obtained a scholarship, after which she went on to study for her prestigious masters degree at the University of Leeds in the UK. On her return to Nairobi, she commenced work on her PhD, taking as her theme a subject close to her heart – women, education and development….
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