Fridah resides in Nkubu, which is in the Meru region of Eastern Kenya. She has been a farmer for one year. She grows cabbages and bananas and sells them in the local market.
She has asked Juhudi Kilimo for a loan of 20,000 KES to purchase poultry.She wants to produce more crop products and engage in mixed farming in the next five years. The challenges she faces are:drought, pests and diseases.
This loan will help her engage more in farming and to uplift her living standards. She is happy with Juhudi Kilimo because it offers a grace period to its clients.
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.