Esther is a farmer in her rural home in Nkubu, where she lives with her husband and four children. She has been farming for seven years, producing mainly maize and beans for the local market. She gets additional income in the local market from her secondhand clothing retail business.
Esther has requested a loan of 30,000 KES from Juhudi Kilimo to buy poultry birds, so she can diversify her farming business. She believes the poultry business will cushion the poor performance of crops due to inadequate rains and pests, and will help her educate her children.
She says she chose Juhudi Kilimo for the loan facility due to her belief it renders the best services.
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.