Hellen lives in the Nkubu area of Eastern Kenya, a very fertile area for agricultural production. She has two children who are of school-going age. She has been farming for eight years. Her main sources of income are maize, cow peas, potatoes and beans. The challenge she faces is that of poor climatic conditions.
She has requested a loan of KES 60,000 from Juhudi Kilimo for the purchase of a water tank for storing water for farming activities. This will boost production because of the regular flow of water to the farm. Her income base will increase and this will enable her to educate her children better and also improve their living standards.
In five years, she will have put up a green house to maximize production.
Hellen says that there has been an improvement in her farming practices as a result of the training received from Juhudi Kilimo.
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.