Carol is 21 years old and has been in farming for three years in her rural home area in Nkubu, Central Kenya. She produces maize, beans, milk and coffee. She sells her produce to the local markets. She is married and has two children with the first born already schooling.
Carol has made a loan request amounting to 50,000 KES with Kiva partner Juhudi Kilimo. She says this will help her construct a granary store for her farming produce such as maize and beans. This will help her have better return from her farming since she will be able to keep her produce safely and sell it when market prices are favorable, unlike during seasons of harvest.
She also plans to buy more land with her income and improve her family's living standards.
She laments of poor markets and rampant crop failures as a result of inconsistent rains.
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.