Fridah is a mother of one child aged 13. She has been in farming for five successive years in her rural home area in the Nkubu area of central Kenya, where she also runs a retail shop to supplement her farming income.
Fridah has requested a loan of 60,000 Kenyan shillings (KES) from Juhudi Kilimo to buy a water tank at 40,000 KES and irrigation pipes at 20,000 KES. She hopes these items will help supply her farm (more specifically, her banana farm) with sufficient water and improve her farming income, which she will mostly channel into educating her child. She plans to buy more land to make her banana farming business much bigger in the near future.
Fridah, however, sees challenges in the high costs of farming inputs, as well as high labour costs charged by farmhands who are engaged on a casual basis.
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.