Joyce has been in active farming in her rural home in Nkubu, where she lives with her husband and her youngest child, aged 19. Her farm produces maize, beans, milk, and vegetables, which she sells to the local market. She also retails in bananas at the local market to earn additional income.
Joyce has requested a loan of KES 30,000 from Juhudi Kilimo to buy a chuff cutter, for chopping stalks into animal feed. She says this will ease the feeding of dairy animals and boost her milk output. She also wants to buy a piece of land to expand her farming.
Joyce laments the undeveloped local markets and animal diseases as the challenges she faces in 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.