Fridah is a resident of Murang’a in central Kenya, where she has been practicing mixed farming for three years. Her current farm produce includes beans, maize, cabbages, and potatoes, all being sold within the local market. She is married with two children, ages six years and one year.
Fridah has requested a loan of 60,000 KES from Juhudi Kilimo to help her put up a greenhouse where she will grow tomatoes. She says a greenhouse will improve her farming income due to consistent production and good quality of produce, which will fetch better prices.
She adds that farming has been her only source of income, and she hopes to improve the living standards of her family. Fridah says lack of capital is her main challenge.
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.