Faith is a 36-year-old farmer in Nkubu county In Kenya, where she lives with her husband and one child, who is schooling.
She has been in farming for 10 years, producing fruits and vegetables that she sells to the people around her local area, She also runs a grocery shop as an additional source of income.
She is requesting aloan of KES 45,000 from Juhudi Kilimo to purchase poultry. That will help in increasing her income so she can educate her child and better her standards of living. She also aspires to start selling cereals in the near future. Poor prices for farm produce,pests and diseases,high costs of labour are her main challenges in farming.
Faith says Juhudi Kilimo is a very reliable institution when it comes to lending loans.
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.