Jane is a farmer in Kitale, Western Kenya. She is aged 31 and married with four children aged between 9 and 3 years. She has been in active farming for four years, producing eggs and vegetables for the local market.
Jane has requested a loan of 50,000 Kenyan shillings (KES) from Juhudi Kilimo to purchase more poultry birds for her business. She had previously acquired two loans of 25,000 KES and 50,000 KES and paid them promptly. She says the boosted poultry business will enable her to educate her four children.
She praises Juhudu Kilimo for the loan services and is focused on repaying the loan like the previous ones.
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.