Retemta has been practicing mixed farming for the last seventeen years in Kitale town in western Kenya. She has employed one farmhand and sells her milk, eggs, maize and beans locally. She mainly depends on the income from her farm to cater for the basic needs of her family.
Retemta is 48 years old and married with seven children aged between 6 and 27. Four of the children are currently attending school.
She has requested a loan of 30,000 Kes through Juhudi Kilimo to start poultry farming. The additional income from this loan will enable her to cater for the basic needs of her family. Her biggest challenge has been lack of markets for her products and also the rampart diseases which affect her production.
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.