Lydia is forty-two years old and a farmer from Nkubu County in Kenya, where she lives with her husband and four children, all of whom are in school. She is a teacher by profession.
She has been in farming for fifteen years. She produces milk, tea, and bananas, which she sells locally. She has made a loan request amounting to 50,000 KES which she will use to buy poultry birds for a venture into poultry farming as well. Her future plans however is to do commercial dairy farming after gaining good skills in farming dealing with the domestic animals especially poultry and dairy cows. She emphasizes the loan will generate more income through the diversification of her farming and will help in educating her children.
She appreciates Juhudi Kilimo for efficient services 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.