Evelyn is 37 years old, married, and has three children who attend school. She has been an active farmer for 12 years and sells milk, fruits, and vegetables in the local market in Nkubu of Central Kenya.
Evelyn is requesting a loan from Juhudi Kilimo for 65,000 KES, which she will use to purchase a water pump and irrigation pipes. This loan will enhance her crops and livestock production and improve her living standard. The major challenges she faces are pests, diseases, and drought. Evelyn plans to start exporting her products in the foreseeable future.
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.