Leah is 35 years old and is a mother of 3, aged between 12 and 4 years. She has been in the poultry business for 4 years and had previously accessed a loan of 30,000 KES from Juhudi Kilimo.
She has applied for this loan of 40,000 KES with the same institution (Juhudi Kilimo) to expand her poultry business. She believes the income generated will give her family food sustainability and educate her children. She plans to be the major supplier of chicks in the area. Her alternative source of income is maize farming.
She urges for interest waiver for those who service their loans consistently.
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.