Betty is a resident and a farmer in Nkubu area of Central Kenya and has five years of experience in active mixed farming with her farm currently producing maize, beans and bananas. She is married with two children aged 9 and 2 years.
Betty has requested a loan of 60,000 KES from Juhudi Kilimo to help her set up fish farming. She will use part of the loan to buy a lining material for the pond as well as buy fingerlings and initial food for them. She is enthusiastic that the business will have high returns due to availability of ready markets for fish within the local markets.
Betty is grateful to Juhudi Kilimo for making farming loans available to smallholder farmers.
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.