Ann resides in Nkubu, in the Meru region of Eastern Kenya, with her husband. She has been a farmer for over twenty years, producing and selling cereals. Besides farming, she has a retail business as an extra source of income.
She wants to venture into poultry farming and has requested a loan of KES 60,000 from Juhudi Kilimo for purchasing poultry. Her major challenges are: crop pests and diseases, poor markets, and insufficient funds. In the next five years, she wants to have over 5,000 poultry, both layers and broilers. This loan will improve her family's living standards. She is happy with Juhudi Kilimo because of its better and quick 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.