Anne, 60, is married with 2 children who are now adults. She has been farming in the town of Murang'a in central Kenya for ten years. She employs two farmhands and sells her products to the local market.
Anne has requested a loan of 60,000 KES through Juhudi Kilimo for poultry farming. She says that the proceeds from her farm will increase her income and ensure that she is financially independent. Her major challenge has been the high cost of animal feed.
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.