Anna is 56 years old and has been in mixed farming for 6 years. She produces milk, eggs, and maize, which she sells at the local market. She is married with 8 children, all adults save for the last two, who are still in school.
Anna has requested a loan of 40,000 Kenyan shillings (KES) from Juhudi Kilimo to purchase more birds and expand her poultry business. This is her fourth loan with Juhudi; her prior loans were repaid promptly.
Anna notes that she has had experience with poultry and hopes her new investment will be more productive. She faces significant challenges with dairy since milk is perishable.
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.