Jane is a widow and a mother of three children aged 23, 20 and 13. She has been actively farming for ten years. Her farm produces paw paw and vegetables, which she sells in the local market. She gets additional income from her pension.
Jane has requested a loan of 45,000 KES which she plans to invest in her massive banana farming. She also plans to start rearing high quality breeds of dairy cows in order to gain financial security and educate her last born child.
Jane laments about the low water supply which compels farmers to install irrigation systems together with animal diseases which reduce their output and occasionally lead to their eventual death.
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.