Leah is a mother of three children who are all attending school. Her farm is run with the help of one farmhand, and she has been active in farming for eight straight years. She earns some additional income from her second-hand clothing business.
Leah has requested a third loan of 40,000 KES from Juhudi Kilimo to buy poultry. She believes this will boost her family's income. She plans to expand the acreage of her farm in the near future.
Leah sees the unreliability of rain and high costs of production as the major challenges in her 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.