Lilian is 37 years old and a single mother of a 9-year-old who attends school. She has been farming for the last year and employs one farmhand. Her farm currently produces eggs, which she sells to the local market. She also earns income from the sale of horticultural products to the local market. She says the poultry farm is time-consuming and needs a lot of attention and this has been her biggest challenge. Her other challenge has been diseases, which are too costly to treat.
She has requested this loan of 30,000 Kenyan shillings from Juhudi Kilimo to expand her poultry farm. She says the proceeds from this project will assist her in paying school fees and providing for the basic needs of her family. In the future, she would like to purchase a hatchery that produces 100 chickens since the potential is high in the region.
She is happy with Juhudi and says that she wants Juhudi to diversify its loan offerings to include school fees and biashara (business) loans to enable her to obtain her needs under one roof.
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.