Evaline is a mixed farmer and resides in Kitale in Western Kenya where she lives with her family. She is 36 years old and has been actively farming for six years. Her main products for the local market have been horticultural products, milk, and poultry products.
Evaline has requested a loan of 60,000 KES to help her expand her poultry business. This will help her to earn more income and, hence, acquire more land for production.
The major challenges in this venture are diseases and pests, fluctuating market prices, and the high cost of production and theft.
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.