Grace is a resident of Nkubu in central Kenya, where she has practiced mixed farming for three years. Milk and vegetables are her main produce. She runs her farm with the help of one farmhand. Besides farming, Grace runs a cereals retail business.
Grace has requested a loan of 60,000 KES from Juhudi Kilimo to help her boost her farming. She will use the money to buy cereals seeds and do intensive farming of the cereals she retails, like maize and sorghum.
She believes her own production will help her earn better income from her cereals retailing, as opposed to sourcing from other farmers and middlemen.
Grace says poor infrastructure and both crop and animal diseases remain the major challenges in farming as well as in her cereals retail business. She appreciates the support Juhudi Kilimo is giving to 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.