Beatrice is aged 50 and a farmer in Ndaragwa county in Kenya, where she lives with her husband and five children who are all in school. She has been in farming for the past 20 years, producing vegetables and milk that she sells at the local market in her area.
She is requesting a KES 40,000 loan from Juhudi Kilimo, which she will use to purchase water tanks for irrigation that will help her water her crops. This will provide her with more yields and thus more income to help uplift her living standards. She will use some of the money to pay for her children's schooling. She hopes to have enough water storage for domestic use, crops, and animals through water harvesting in the next five years.
Drought is her major challenge in farming.
Beatrice believes that there is a great future for small-scale farmers in Juhudi Kilimo's loan products.
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.