Jeniffer is a seventy-five-year-old farmer in Kitale County in Kenya, where she has been practicing farming for the past forty years. She is widowed, and all her thirteen children have finished school. She has several rental houses that provide her an additional source of income.
She is requesting a 50,000-KES loan from Juhudi Kilimo to purchase poultry, from which she will get extra money to help sustain her and grandchildren's livelihood.
Expensive animal feed and diseases are major challenges in farming.
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.