Lucy is aged 45. She is a farmer in Kitale county in Kenya, where she lives with her husband and five children who are all schooling. Lucy has been in farming for the past six years, producing maize, vegetables and milk, which she sells at the local market in her area.
She is requesting a 30,000 KES (Kenyan shillings) loan from Juhudi Kilimo to purchase poultry birds. She will then sell the poultry products and earn extra income that will help her uplift her livelihood and pay for her children's schooling. She wishes to own a posho mill (a grinding machine that crushes maize into maize flour) in the next five years.
Poor prices for products, pests and diseases 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.