Anna is aged 62. She is a farmer in Litein County in Kenya, where she has been practicing mixed farming for the past 15 years by producing maize and tea that she sells locally. She also buys and sells maize as an additional source of income.
She is requesting a 50,000 KES (Kenyan shilling) loan from Juhudi Kilimo to purchase a water tank, which will help her in irrigating her crops and increasing her produce and income, which will help improve her living standards.
She believes her business will have grown enough to buy maize using a pickup in the next five years.
Lack of a readily available market and capital are the main challenges she is facing in farming.
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.