Sarah is a resident of, and a farmer in, Kitale, Western Kenya. She is married with seven children, all of whom are adults except for the last born. Her farm produces maize, potatoes and vegetables, which go to the local market.
Sarah has requested a loan of 50,000 KES from Juhudi Kilimo to purchase poultry as a new farming venture. She says this will help her to meet her family's basic needs, such as educating her youngest child. She hopes to establish a large poultry farm with a breeding unit in five years time.
Sarah points at harsh weather conditions as the challenge in farming. She is, however, glad to have Juhudi Kilimo's help.
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.