100%

funded

Total loan: $1,300

Lucy

Kerugoya, Kirinyaga County, Kenya / Agriculture

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A loan helped to buy farm inputs, such as good fertilizer and good-quality seeds, to increase production and assure her children of a good future.


Lucy's story

Lucy is a 53-year old mother of two children living in Kerugoya, a land of seemingly never-ending beauty. With her extensive farming experience, she has been able to achieve great success. She feels accomplished seeing her crops flowering in her fields and her sheep feeding. She wakes up very early each morning to attend to her farm work. Her passion, patience, and humility enable her to keep pushing to a higher level.

In Kenya, agriculture is one of the most competitive industries, especially due to the high costs of operations necessary to improve farming. Such costs include the cost of land acquisition and inputs, which have always skyrocketed. To meet the high costs of inputs, farmers have been forced to borrow from financial institutions, which sometimes impose very complicated procedures in loan distribution. Some farmers, especially women, end up with hopelessness, despondency, and a lack of morale to invest in agriculture.

Lucy is now seeking a helping hand through a 130,000 KES loan from Kiva field partner Juhudi Kilimo. She will use it to buy farm inputs, such as good fertilizer and good-quality seeds, to increase production and assure her children of a good future. This loan is therefore an opportunity that she has never had before.

Her irregular income and lack of collateral security were the main drawbacks limiting her from accessing a loan from commercial banks.