Grace is a mother of four adults and has been in active farming for 23 years and runs the farm. Her produce includes bananas ,maize, milk and eggs. She runs her farm with the help of one farmhand.
Grace has requested a loan of 60,000 KES from Juhudi Kilimo. She will use the loan to buy piglets and try her hand at pig farming. She says her focus is to run a pig farm and supply the rural market for better income to meet her family's needs.
She says she chose Juhudi Kilimo due to a favourable interest rate and faster loan disbursement.
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.