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Nancy
Hello Kiva Lenders! Meet Nancy, a mother of two who lives on a small piece of land in Nandi Hills Location. For the last ten years, she has been growing tea and vegetables and keeping dairy cows and poultry. Predictably, she makes a income selling milk, eggs, tea leaves, and greens.

Nancy is here seeking a loan to purchase rabbits for cuniculture. In Kenya, rabbit meat is not typically a dietary staple for many consumers. For this reason, many farmers do not get into rabbit farming because marketing rabbit is a considerable challenge. However, there is an organization formed in Kenya that provides training to farmers, rabbits for rearing, and a market for farmers.

With your loan, Nancy will be able to seize this lifetime opportunity. Using your money, she will acquire rabbits to rear. Rabbits' gestation period is just one month. A rabbit bears six times in a year. It delivers three to ten offspring at once which can be sold after 100 days.

Income from a rabbit farm will meet her skyrocketing business-related expenses. This will in turn benefit Nancy's family due to increase in income.

Additional Information

More information about this loan

Juhudi Kilimo works 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. This loan will provide an income generating agricultural activity for small-holder farmers to improve their standard of living.

Important Information

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.

About Kenya

  • $1,800
    Average annual income
  • 1035
    View loans »
    Kenya Loans Fundraising
  • $40,893,425
    Funds lent in using Kiva
  • 88.0
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $350 helped Nancy to purchase rabbits.
91% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible