Stellah is a mother of three children, all of school going age. She lives with her family in their rural home, where she has been carrying out farming for fifteen successive years, and producing tea, bananas, maize and beans for the local market and family upkeep.
Stellah has requested a loan of 60,000 KES from Juhudi Kilimo to enable her set up a greenhouse. She says this will improve her farming production, which has always been limited by her small parcel of land available for farming. She plans to save any gains made in her farming business, to enable her buy more parcels of land in the future.
She mentions pests and diseases as the major challenges in farming. She appreciate the impact Juhudi Kilimo has made on smallholder farmers.
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.