Irene is married with seven children, four of whom are in school. She is a farmer in the Kitale area of Western Kenya and has been farming for the last ten years. Irene sells her produce locally.
Irene is requesting a loan of 80,000 KES from Juhudi Kilimo to help her venture into the poultry business as well as construct a dairy. She notes that Juhudi loans have been of great help to farmers but laments the high costs of animal disease.
In the future, Irene hopes to use her income from her two new businesses to construct rental houses.
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.