Joan is thirty-nine years old and a farmer in the Kitale county in Kenya. She lives with her husband and two children; who are both school. She has been in farming for the past eight years producing milk and poultry products which she sells at the local market in her area. She runs a posho mill as an additional source of income.
She is requesting 40,000 KES loan from juhudi kilimo to purchase poultry birds and materials for constructing a dairy unit which will help her take better care of her dairy cows and thus more milk production. From the sale of milk and poultry products, she will earn extra income to uplift the family’s livelihood and later use some of the money to pay for her children’s education. She aspires to have acquired another piece of land for more production in the next five years.
Inadequate capital and high cost of production are her major challenges in farming.
She is very grateful to juhudi kilimo for financing her with the loan.
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.