Margaret, age 50, is a farmer in Ndaragwa County in Kenya. She has been practicing mixed farming for the past 30 years. Her farm produces milk and vegetables, which Margaret sells at the local market in her area. She tells us that drought is her primary challenge as a farmer. She runs a retail shop as an additional source of income. Margaret lives with her two children, both of whom are enrolled in school.
She is requesting a loan in the amount of 20,000 KES loan from Juhudi Kilimo. She will use her loan funds to purchase farm inputs, which will assist her in expanding her farming and increasing her harvest. She will gain more income as a result, which will help her improve her family's living standards and pay for her children's schooling.
Margaret believes the future is promising now that she is working with Juhudi Kilimo.
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.