Margaret has a mixed farm in Kitale town, western Kenya, which produces milk, maize, beans and vegetables. She has been farming for the last twelve years and employs one farmhand. She mainly depends on the income from her farming activities to cater to the needs of her family.
She has requested this loan of 50,000 KES from Juhudi Kilimo to expand her poultry project. The extra income from this loan will help her improve the livelihood of her family.
Margaret is 34 years old. She is married with 8 school-aged children. Her major challenges in farming have been poultry diseases and low market prices for her products. She hopes that in five years time she will have expanded her farm in terms of the number of chickens she will be owning.
Margaret has been pictured with one of her cows since it was not possible to get a picture of her at her poultry farm.
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.