Lydia is a farmer who lives in Kitale. She has a farm where she does poultry, dairy, and crop farming.
Her source of income comes from the sale of milk, eggs, and crops. She is also involved in the transport industry by use of a motorbike. She enjoys farming because it always gives good returns, while her biggest challenge is pests and diseases affecting her crops and livestock.
Lydia said she chose Juhudi Kilimo because they have client-friendly rates on their loans. She learned that microfinances have an easier way of loan repayment.
This loan will help her purchase more poultry and hence increase her income base, which will lead to an improvement in her family's living standards.
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.