Hellen is an age fifty-one farmer in Kitale county in Kenya where she lives with her husband and four children who are all schooling. She has been farming for the past six years, producing vegetables and poultry products that she sells at the local market in her area.
She is requesting a 60,000 KES loan from Juhudi Kilimo to purchase poultry birds. She would sell the products and use the money to boost her livelihood, and she would use some of the money to pay school fees for her children. She aspires to have two thousand poultry birds and to be the leading supplier of eggs in her area in the next five years.
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.