Joyce is a resident and a farmer in Kitale, Western Kenya. She is 41 and married, and she has four children between 19 and 4 years old. All are in school.
She has been in the farming business for 10 years, producing maize and eggs for the local market. She also trades in cereals in the local market for additional income.
Joyce has made a loan request of 80,000 KES with Juhudi Kilimo to purchase more poultry birds and build a bigger and better poultry unit in her farm. This is her third loan after two of 40,000 KES each. She says the loans have been beneficial and she hopes the third one will boost her business more by enabling her to buy more birds and build a bigger unit and help her meet her family's needs, especially educating her children.
She hopes to be the major supplier of eggs in the area.
She laments the high costs of feeds in farming.
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.