Getruda has been practicing mixed farming in Kitale town in western Kenya for thirty years now. She sells her products of maize, beans and bananas to the local market. She mainly depends on the income from her farm for the basic needs of her family. Getruda is 54 years old and a widowed mother of 10 children, five of whom attend school.
She has made a third loan request from Juhudi Kilimo of 50,000 Kes to expand her poultry farm. She will use this loan to buy additional stock of chickens and chicken feed. That will enable her to practice commercial poultry farming. She laments that poultry feeds are becoming extra expensive and unaffordable to her and this has been her major setback. She says that her intention is to expand her farm in the future and be the main supplier of poultry products to the local market.
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.