Janet is a farmer in the Nkubu area of Central Kenya and has been in farming for five years. She runs her farm with the help of one farmhand, and it produces mainly fruits, vegetables, and cereals that are sold in the local market. Janet is married with two children, aged eight and one. She also runs a small fuel retail business.
Janet has requested a loan of 90,000 KES from Kiva partner Juhudi Kilimo to buy a water tank at 60,000 KES and irrigation pipes at 30,000 KES. She plans to expand her farm from the current ten acres to thirty acres. She hopes to earn more income and improve her family's living standards.
Janet says the high costs of labor and insufficient rains are the major challenges of 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.