Lena is 47 years old. She is married with one child aged 20 years old. She is a farmer from Western Kenya in Kitale Town. She has been practising mixed farming for the last 30 years. Her main produce is vegetables which she sells at the local market. Lena also earns income from a hotel that she operates in the same area.
She has requested this loan from Juhudi Kilimo for Kes.20,000 to start a poultry project. Before venturing into poultry farming, Lena was specializing in maize and dairy farming. The excess income from this loan will enable her and her husband to live happily as their child is now independent. Her main challenge in this business is financial constraints. In future, she hopes to diversify her business by selling chicks at the local market.
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.