Mercy is 33 years old and married with an eleven year-old child in school. She's a farmer near Nkubu in Eastern Kenya. She's been poultry farming for just one year. She previously ran a restaurant but now sells eggs at the local market. She says that the main challenge to her business is the high cost of feeds.
She requested this loan through Juhudi Kilimo for Kes. 70,000 to purchase more chickens, after completing a previous loan for Kes. 45,000. She says that these loans from Juhudi have helped her realize her dream of becoming a poultry farmer and that the extra income she'll earn will help her raise her family's standard of living. In the future, she says her target is to have 3000 layers (for eggs) and maybe even some broilers (to sell for meat).
Important InformationTo facilitate a partnership between Kiva and Juhudi Kilimo, K-Rep Group (Juhudi Kilimo’s 100% owner) has guaranteed Kiva funds in the event of institutional default. Lenders should be aware that the risk of borrower default remains borne by the lender.
About Juhudi Kilimo:
Juhudi Kilimo is a for-profit social enterprise working with small-holder farmers in Kenya to finance purchases of dairy cows, chickens, agricultural equipment, and other assets that create immediate cash flow. Many of the assets are insured to prevent devastating business losses, and targeted technical assistance is provided to farmers, from agricultural training to basic book keeping and local market research.
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