Kellen, aged 56, is the mother of four adult children. She has been farming for nearly 40 years with her farm currently supplying maize, milk and beans to the local market. She now employs one farmhand to help her manage her farm.
Kellen has requested a loan of 50,000 KES from Juhudi Kilimo to venture into poultry farming by buying poultry. She says that she wants to spread her farming risks and ensure that her production runs during dry seasons as well. She aspires to buy a car to transport her produce to the market.
Kellen is glad Juhudi Kilimo is helping farmers with a means to improve their livelihood.
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.