Anna, 55 years old, is a farmer from the town of Kitale in Western Kenya. She is married and blessed with 8 children between the ages of 18 and 38. Two of her children are still attending school.
Anna has been farming for 12 years and has only one employee. Her products are milk and eggs, which she sells to the local market. She depends on the income from her farming activities to cater to her family's needs. Her biggest challenge has been the high cost of medicine for vaccination and the lack of enough animal feed.
Anna recently completed her second loan from Juhudi Kilimo for KES 40,000 and has requested this new loan for KES 40,000 to expand her poultry project and build a dairy unit. She says that this loan will improve her life and that of her family by getting enough eggs for domestic consumption and sales, thus earning enough income for future progress.
Anna is happy with the loans she got from Juhudi, which have enabled her to be a farmer.
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.