Janice is 35 years old, married, and has three children who attend school. She is a farmer in Nkubu county, Kenya, which she has been doing for 10 years. She produces tea, maize, peas, milk, and eggs, which she sells at the local market.
Janice is requesting a loan from Juhudi Kilimo for 60,000 KES, which she will use to purchase poultry birds, which will produce more eggs and increase her income. The additional income will help raise her living standards and pay school fees for her children. High costs of feeds is her major challenge in farming. Janice aspires to be the leading poultry farmer in her area in the next five years.
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.