Joyce is a resident of Nkubu and has been in farming for ten years. She is married with five adult children, but she lives with her youngest, aged 20 years and still taking his post-secondary education. Joyce runs her farm with the help of two farmhands. She produces milk, fruits, maize, and vegetables for the local market.
Joyce has requested a loan of KES 45,000 from Juhudi Kilimo to buy poultry. She says the additional income from raising poultry will enable her to finish educating her youngest child and improve her family's living standard. She also plans to start a retail shop business.
This loan request is her second loan with Juhudi Kilimo. She reiterates that her farming income has really improved and has better prospects for the future.
Joyce says she appreciates Juhudi Kilimo's efficient services.
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.