Rose is the mother of three children, with the first two already schooling. She is age thirty-two and has four consecutive years in farming within her rural home area in Kitale, Western Kenya. Her farm currently produces mainly milk and eggs for the local market. She also runs a salon business to supplement her farming income.
Rose has requested a loan of 30,000 KES from Kiva partner, Juhudi Kilimo, to help her expand her poultry business by buying more birds. She says she enjoys her poultry business and strongly believes she will be able to expand even her dairy business.
Rose says the main challenge, however, remains the high cost of poultry feeds and outbreaks which call for proper management.
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.