Kevin Mutiso | CEO
Alternative Circle | Kenya

Kevin Mutiso, CEO, Alternative Circle

Kevin Mutiso, 30, is currently the CEO and co-founder of Alternative Circle.  The company developed a Kenyan Mobile based app “SHIKA”, that enables individuals with little or no credit history to access affordable micro loans through their mobile phones. The app also provides financial institutions a platform they can use to lend to their customers, since institutions lack the infrastructure to disburse micro loans. Alternative circle recently raised a seed capital of 1.1 Million USD.

Previously, Kevin was the CEO of a leading Micro Finance Institution a company that offers loans to small and medium enterprises. He served in this position for 5 years before departing to start Alternative Circle. He has also worked at a Senior Relationship Manager and as an Investment Manager in the past.

Kevin has completed a number of programs at the Strathmore Business School including Owner Management Program, Entrepreneur studies, and the Master Negotiator Program. He has also been nominated for the Business Daily Top 40 Under 40. 

Appearances:



Seamless East Africa day 2 @ 14:40

Facilitating increased subprime lending

  •     Creating opportunity for the underserved ‘credit invisibles’ 
  •     Enabling customers to establish a credit history
  •     Directly connecting borrowers to individual lenders
  •     Offering consumers a chance to get loans easily and quickly
  •     Rolling out crowdfunding initiatives to increase social reach 

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