Jane is aged 44 and married with 6 children aged between 20 and 5 years. They are all in school and their family relies on farming and a second-hand clothes selling business for the family upkeep. Jane's farm produces milk, maize, beans, and vegetables.
Jane (pictured above with two donkeys tied to a cart) has requested a loan of 95,000 KES from Juhudi Kilino in order to construct a dairy unit for 30,000 KES, as well as venture into poultry farming by buying poultry birds and constructing a unit for the birds at a combined 65,000 KES. She says the poultry business venture will grow due to good markets for poultry products in the region. She also aspires to own only pedigree breeds for better income.
She reiterates that many farmers face the challenge of accessing finances and water especially during dry seasons.
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.