Abisiba is a farmer from Kisii town in Western Kenya. She has been operating her mixed farm for over thirty years. Her main products are maize, tea leaves, bananas, millet and beans, which she sells at the local Magena market, Kenya Tea Development Authority and to other retailers. She also runs a hotel business in the same area.
Abisiba is 54 years old. She is married and has been blessed with eight children, now aged between 13 and 38 years. Two of the children attend school.
Abisiba has requested her second loan from Juhudi Kilimo, of 50,000 Kenyan Shillings to expand her cereal business. She says that the extra income from this loan will enable her to take her children to a better school and to provide for their basic needs. In the future, she intends to open up a big retail shop in her locality and, at the same time, expand her cereal store.
The challenges she faces in business are transport problems during the rainy season and unpredictable weather patterns affecting farm produce. She appreciates how far Juhudi has brought her and hopes that the partnership will continue.
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.