Joyce, age twenty-seven, is a farmer in Kitale county in Kenya, where she lives with her husband and two children. Both her children are in school. She has been in farming for the past ten years, producing horticultural crops, poultry products, and maize, which she sells at the local market in her area. She owns a motor bike for transportation as an additional source of income.
Joyce is requesting a 70,000 KES loan from Juhudi Kilimo to purchase poultry birds. She will sell the products and earn extra income, which will help her uplift her living standards and pay for her children's schooling. She aspires to have doubled her farming in the next five years.
High costs of production, an unreliable market, and unreliable rains 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.