Teresia has been in the farming business for two years and employs two casual laborers. She has a mixed farm in Kitale town in western Kenya that produces eggs which she sells locally. She also runs a kiosk where she sells vegetables and tomatoes. She is 24 years old and married with 2 children aged 1 and 7. Her elder child is currently attending school.
She has requested this loan of 30,000 KES through Juhudi Kilimo to expand her poultry farm. The proceeds from her poultry business will help in the education of her children and for food sustainability in the family. She says that her major target is to venture into broiler farming and finally to a poultry meat-processing farm in future. Her primary challenge is the poor road network within her locality.
She appreciates what Juhudi is doing to help the small-scale farmers in the rural setting.
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.