Anne is 39 years old. She is married and has 4 children aged between 3 and 13 years old. All of the children are currently attending school.
She is a farmer from Western Kenya near Kitale town. She has been farming for 12 years and has one employee. Her products are maize, milk, beans and eggs which she sells to the local market. Anne is also a tailor. Her biggest challenge in farming is the fluctuation in market prices and poultry diseases, which results to great losses.
Anne has a good record with Juhudi Kilimo after she successfully completed a previous loan of Kes.30,000. She has requested this loan for Kes.50,000 to expand her poultry project. The extra income from this loan will boost her other sources of income hence their needs will be well taken care of.
She is hoping that the project will have expanded in 5 years time and she will be able to meet her expenses.
She is grateful to Juhudi because she has been empowered financially.
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.