Janet is a 39-year-old farmer in Nkubu county in Kenya where she lives with her husband and two children, both of whom attend school. She has been farming for ten years, producing cereals and horticultural crops which she sells at the local market.
She is requesting a loan of 60,000 KES from Juhudi Kilimo to purchase irrigation equipment that will help her in improving her production in case there is not enough rain for her crops. She intends to be a prominent farmer in her area in the next five years. Lack of rainfall, pests and diseases are her 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.