Linet is a 44-year-old married woman living in western Kenya, near the town of Kitale. She has four children, ranging in age from 19 to 29 years old, with two of them currently attending school.
Linet has been running her mixed farm for over five years now, and sells a wide variety of products at the local market. Her primary income comes from the sale of maize, beans, sunflowers and tomatoes, while she also sells milk on occasion. She says that lately the main challenge to her business is the droughts that have been difficult for her farming activities.
Linet has a successful history with Juhudi Kilimo, previously completing two loans of Kes 25,000 and Kes 40,000. She has now requested this loan of Kes 60,000 to expand her poultry farming operations. She says that the extra income from this loan will help her pay college fees for her two youngest children, therefore providing them with a better future.
Linet has plans for expansion in the next five to ten years, and her main goal is to acquire a small machine that processes sunflowers. She says that this will enable her to create employment opportunities for other people in her area and add to her diversified operations.
To 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.