Kerubo is 55 years old. She is married and has been blessed with eight children between the ages of 14 and 30. Three of the children attend school.
She is a farmer from Kisii town in Western Kenya, where she has been practicing mixed farming for over twenty years. Her farm produces maize, beans, bananas, vegetables and milk which she sells to the local market. She faces the challenges of high cost of farm supplies, the fluctuating prices of her products and her lack of knowledge about disease and pest control.
She has requested this loan from Juhudi Kilimo of 50,000 KES to expand her cereal business. The extra income from this loan will help pay school fees for her children and build a house. She plans to open a big cereal bank in a more strategic place in the future.
She appreciates the partnership with Juhudi Kilimo and acknowledges the fact that she has been able to educate her children with the profits from this business.
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.