Teresa is a farmer from Kisii town in Western Kenya. She is 36 years old and married with 9 children. All her children are attending school.
She has been farming for 20 years, producing sorghum, millet, beans, coffee, bananas, maize and tea which she sells locally and to Kenya Tea Development Authority. She also operates a posho (cornmeal) mill in the same area. She is pictured above in her posho mill. Her biggest challenge in farming has been crop diseases which affects her output.
She recently completed her second loan from Juhudi Kilimo and has requested this loan of 90,000 KES to expand her farming business by planting more sorghum, millet and beans and to purchase a dairy cow. She says that with this loan, her income base will increase hence enabling her to educate and feed her children.
She would like to purchase another posho mill in future. She is grateful to Juhudi for the loans which have enabled her to establish her business.
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.