Benedicter M. is married and has three children, who range in age from 28 to 26.
She has been working as a farmer for 45 years, producing goods such as bananas, eggs and milk for sale. The main challenges she faces in running her business are diseases and the lack of a large market.
She has requested this loan of 60,000 KES in order to purchase poultry. With the potential increase in income from her loan, she hopes to improve her family's standard of living.
In five years, she hopes to have expanded her business through the purchase of more chickens.
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.