Caroline is aged 27 and has been in farming for seven years in her home area of Nkubu, Central Kenya.She is married with one child aged five and produces maize, potatoes, beans and wheat for her local market.
Caroline has requested a loan of 40,000 KES from Juhudi Kilimo to buy a water tank for irrigation purposes as well as to supply water for her dairy farm. She says their production for produce like beans is frequently hampered by inconsistent rainfalls and the irrigation system would help in alleviating the problem. She says the income will help her educate her child in future and improve the living standards of her entire family.
Caroline sees high costs of inputs like pesticides as the main challenges.
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.