Jane has been farming in Kitale, western Kenya, for 20 years and employs one farmhand. Her mixed farm produces milk, maize, beans, vegetables and fruits which are sold to the local market. She earns additional income from her business selling secondhand clothes and paraffin to the local market.
Jane is 39 years old and married with 6 school-aged children who all attend school. She has made a loan request of 50,000 KES through Juhudi Kilimo to purchase chickens and chicken feed. She says that this will enable her to expand her poultry farm and practice commercial poultry farming. The income generated from this project will enable her to pay her children's school fees and improve her family's livelihood. She hopes that in the next 5 years her poultry farm will have expanded and that she will be able to venture into the breeding 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.