A loan of $450 helps to buy farming inputs, such as seeds and fertilizer, to improve the quality of her crops.
When smallholder farmers are given access to credit, Priscillah (pictured above) believes they are very hard working. She is a smallholder farmer of both crops and livestock. For the past many years, she has been actively involved in farming and making great profits.
Unlike most microfinance institutions in Kenya, which have imposed very complicated procedures for fund acquisition, thereby discouraging smallholder farmers, Juhudi Kilimo is working closely with Kiva to make loan acquisition for a smallholder farmer easy and convenient. Through this intervention, movement of funds in rural communities has increased, thereby alleviating rural poverty.
Priscillah is requesting this loan to buy farming inputs, such as nutrient-rich fertilizers and certified seeds. Modern farming requires the use of modern techniques. Using high-quality seeds will ensure her a bumper harvest and hence increased profit levels. Her goals can be achieved through lenders’ help and goodwill.