Christine is aged 51 and has been in farming for three years. She has been doing intensive maize farming along with other produce like milk, bananas, and poultry, which she sells to the local market. Her family fully relies on farming for their daily upkeep.
Christine has made a second loan request from Juhudi Kilimo amounting to 30,000 KES, which she will use to expand her poultry farming business. She adds that her focus is to also improve her milk production in the near future in order to open a milk collection center for the local chilling plants. She says that with good business in the future, the education of her children is assured.
She says high input costs and animal diseases are posing great challenges to the farming business.
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.