Check out some available loans that are similar to this one!
Magaret
Magaret lives on a farm outside of Kakamega town, in Kakamega county. Kakamega county is located in Western Kenya and is famous for having the only tropical rain forest in the country. Most farmers in Kakamega grow maize, but sugarcane, papaya, bananas and tea are also popular crops. The variety of crops grown in the region, as well as the abundance of vegetation in the old growth forest, makes Kakamega particularly attractive for beekeeping.

Magaret is married and has seven children. Her husband has retired from his job as an agricultural supervisor, and now works with her in farming their land. She has been farming for eighteen years, and is currently growing maize, tending to a tree plantation and doing dairy farming. Magaret likes beekeeping because it does not require extensive experience or hard work to keep bees.

This is Magaret’s first loan, and she is looking forward to the income from her hives, as “it will help me in doing my dairy farming and other farmings because I am a serious farmer.”

Her hope for the future is to “do my farming well so that I can earn from it.”

Additional Information

About Honey Care Africa

Honey Care Africa (HCA) is a for-profit social enterprise that trains smallholder farmers to become commercial honey producers and provides ongoing support for hive owners. Founded in Kenya in 2000, it is a member of the World Fair Trade Organization and aims to increase the income of rural farmers throughout East Africa.

Kiva lenders’ funds will help HCA make loans in the form of a certain number of beehives per family to jumpstart income. This new approach will simplify the process of hive purchase and honey production and will enable HCA to reach many more farmers. Farmers will repay the organization the same way they would for a typical loan.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

About Kenya

  • $1,800
    Average annual income
  • 1017
    View loans »
    Kenya Loans Fundraising
  • $40,873,425
    Funds lent in using Kiva
  • 87.1
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $300 helped Magaret to buy beehives for honey production.
0% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Nov 26, 2013
Listed
Oct 5, 2013
Currency Exchange Loss:
Possible