Gladys is aged twenty-five and a farmer in Nyamira county in Kenya where she lives with her husband. She has been in farming for the past five years producing maize, beans and poultry products which she sells at the local market in her area. She runs a cereals shop as an additional source of income.
She is requesting a 30,000 KES loan from Juhudi Kilimo to purchase poultry birds which she will later sell and earn extra money which will help her uplift her living standard. She aspires to be a leading poultry farmer in the next five years.
Diseases and lack of enough capital are her major challenges 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.