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Alice's Group
In this Group: Alice, Abdallah, Janipher, Susan, Nicholas, Wyclife
This group consists of six group leader farmers in Lugari District, with Alice selected as the Kiva representative. Alice has volunteered to be the Kiva group representative and is on the right of the photo with her hand raised. Farming inputs will be delivered to her and the 86 other individual farmers represented by this group. The credit consists of the necessary materials to plant one-quarter acre of maize and one-quarter acre of millet or sorghum. The individual farmers are not pictured here, but will be receiving an average loan of 5,349 KES each.

Alice is 51 years old and has been a farmer for 18 year. She works as a farmer to provide for her four children. The community and other farmers know Alice as hardworking and trustworthy, and an experienced farmer. Other than farming, she is also involved in her community in other ways, such as the women's group, savings group, prayer group and burial committee. Alice describes her harvest last year as not with One Acre Fund, but hopes she can have an even better one with the support of One Acre Fund and the other farmers in her group.

Alice joined One Acre Fund in 2013, and is now enrolling in the Long Rains 2014 season as a group leader. Alice joined One Acre Fund so that she could learn new farming methods, get the best seed prices, and get fertilizer and hybrid seeds. Because she likes being a leader and wants to help more farmers, Alice has gotten more involved with One Acre Fund as a group leader and Kiva representative. In the future, Alice hopes that her profits from 2014 can be used to send her children to school, to save for the future and to buy a goat.

One Acre Fund focuses on working with smallholder farmers across Kenya. The organization pre-purchases seeds and fertilizer when prices are low and passes the cost savings onto the farmers. Alice and her group will use the Kiva loan to cover this initial cost of purchasing the seeds and fertilizer package from One Acre Fund. One Acre Fund continues providing training and support throughout the planting and harvesting season to ensure a good harvest and repayment. With support from One Acre Fund and your loan, these farmers will have a chance at a successful harvest, increased profits and improved lives.

The field officer is also included in the photo and is standing on the left.

Additional Information

More information about this loan

This loan is part of One Acre Fund's integrated agricultural package, which provides groups of smallholder farmers with seeds and fertilizers on credit, onsite agricultural training, and insurance options. Borrowers also have the option to purchase solar lanterns as part of the loan package.

To give borrowers more flexibility, One Acre Fund permits them to switch groups, drop out of the program and change their loan amounts before receiving their inputs. To accommodate this, Kiva allows One Acre Fund to post loans for groups that may change in size and membership. Only the group leader is featured in the photo, representing the loans for each of his or her individual group members.

If a lender makes a loan to group containing a borrower that drops out, the lender will receive the full loan amount for that borrower back at the end of the harvest season. If the lender makes a loan to a group containing a borrower that decides to take a smaller loan amount after the loan is funded, the lender will receive the repayments from the smaller loan amount plus the full difference between the two loan amounts at the end of the harvest season.


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

About One Acre Fund

With this loan, One Acre Fund will purchase fertilizer, seeds, and other important farming inputs to distribute to this farmer group during Kenya's next planting season in February. This distribution of farming inputs is part of One Acre Fund's integrated agriculture package, which includes training, reliable input supply (such as fertilizer and seeds), credit and insurance. Clients enroll between July and October for the following planting season, which begins in February. By purchasing inputs during these months, One Acre Fund is able to take advantage of the historically low farm input prices during this time of year in Kenya.


Members of One Acre Fund form groups in which each borrower guarantees the loans of all other borrowers in the group. One Acre Fund differs from a traditional microfinance institution, however, by allowing groups to split before the delivery of inputs at planting time. If a group were to split, each of the two new groups would have fewer members that could support a delinquency or default from a member. This may represent a different risk than that for a traditional MFI’s group loan.

Important Information About the Risk of One Acre Fund
One Acre Fund is not assigned a risk rating on Kiva. This is due to the fact that One Acre Fund’s business model differs enough from traditional microfinance models that Kiva’s current risk rating system is not applicable in accurately reflecting the risk assessment. Key risks and further information in making loans to One Acre Fund borrowers can be found on the organization’s partner page.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Kenya

  • $1,800
    Average annual income
  • 610
    View loans »
    Kenya Loans Fundraising
  • $39,851,750
    Funds lent in using Kiva
  • 86.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A portion of Alice's Group's $4,950 loan helped a member to purchase hybrid seeds and fertilizer for the cultivation of maize, millet and sorghum.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 28, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 31, 2014