[guided]We first move the problem from $M$ to its universal cover because the fundamental group appears naturally as the deck transformation group of that cover. Let
\begin{align*}
\pi:\widetilde M \to M
\end{align*}
be the universal covering map. We define a Riemannian metric $\widetilde g$ on $\widetilde M$ by pulling back $g$ through the differential of $\pi$:
\begin{align*}
\widetilde g_{\widetilde p}(\widetilde v,\widetilde w)
:=
g_{\pi(\widetilde p)}\bigl(d\pi_{\widetilde p}(\widetilde v),d\pi_{\widetilde p}(\widetilde w)\bigr),
\end{align*}
where $\widetilde p \in \widetilde M$ and $\widetilde v,\widetilde w \in T_{\widetilde p}\widetilde M$. This formula is meaningful because the differential
\begin{align*}
d\pi_{\widetilde p}:T_{\widetilde p}\widetilde M \to T_{\pi(\widetilde p)}M
\end{align*}
is a linear isomorphism: locally, a covering map is a diffeomorphism onto an evenly covered neighbourhood. Hence $\widetilde g$ is positive definite, symmetric, and smooth. By construction, $\pi:(\widetilde M,\widetilde g)\to(M,g)$ is a local isometry.
The reason this definition is useful is that curvature tensors are preserved by local isometries. In particular, Ricci curvature is transported exactly through $d\pi_{\widetilde p}$. Therefore, for every point $\widetilde p \in \widetilde M$ and tangent vector $\widetilde v \in T_{\widetilde p}\widetilde M$,
\begin{align*}
\operatorname{Ric}_{\widetilde g}(\widetilde v,\widetilde v)
&=
\operatorname{Ric}_{g}\bigl(d\pi_{\widetilde p}(\widetilde v),d\pi_{\widetilde p}(\widetilde v)\bigr).
\end{align*}
Now we use the hypothesis on $(M,g)$, applied to the tangent vector $d\pi_{\widetilde p}(\widetilde v) \in T_{\pi(\widetilde p)}M$:
\begin{align*}
\operatorname{Ric}_{g}\bigl(d\pi_{\widetilde p}(\widetilde v),d\pi_{\widetilde p}(\widetilde v)\bigr)
&\geq
(n-1)K\, g_{\pi(\widetilde p)}\bigl(d\pi_{\widetilde p}(\widetilde v),d\pi_{\widetilde p}(\widetilde v)\bigr).
\end{align*}
Using the definition of $\widetilde g$, the right-hand side is
\begin{align*}
(n-1)K\, \widetilde g_{\widetilde p}(\widetilde v,\widetilde v).
\end{align*}
Thus
\begin{align*}
\operatorname{Ric}_{\widetilde g}(\widetilde v,\widetilde v)
\geq
(n-1)K\, \widetilde g_{\widetilde p}(\widetilde v,\widetilde v),
\end{align*}
so the positive Ricci lower bound lifts unchanged to the universal cover.[/guided]