Frida is a farmer from Kitale town in Western Kenya. She has been farming for the last four years and employs one farmhand. Her farm produces maize, beans, vegetables and milk, which she sells locally. She also earns income from her chemist's which she runs in the same area.
Frida recently completed her fourth loan from Juhudi Kilimo and has requested this loan of 80,000 Kenyan shillings to expand her poultry project and build a dairy unit. She says that this loan will help increase her sources of income and she will be in a position to look after the needs of her family.
Frida is 33 years old and married with four children between the ages of 3 and 13. Three of the children are currently attending school. In the future, she hopes to expand her poultry project and also to acquire a high breed dairy cow to increase her productivity.
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.