Choice is a farmer from Kisii town in western Kenya where she has been farming for 20 years. Her farm produces maize and nappier grass, which she sells to the local market and tree seedlings which she sells through brokers. Choice is 42 years old. She is married with six children who are between the ages of 2 and 20. Four of the children are currently attending school.
She has requested this loan from Juhudi Kilimo of 20,000 KES to start a cereals business. The extra income from this loan will help her pay school fees for her children and improve the living standards of her family. Her major challenge has been lack of enough capital to expand her tree seedling business. She hopes that in future, she will be able to increase the acreage of her maize and nappier plantation and expand her cereals 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.