Monday, July 30, 2012

Kiva Microfinance Loan #4 - Rose




Rose is a farmer in Eldoret where she resides in her rural home with her husband and two children aged 7 and 1 year old. She has been in farming for twelve successive years with her major produce being maize, milk, eggs and vegetables. She runs a cereals retail business besides farming.

Rose has requested a loan of $750 to buy and insure a dairy. She plans to buy more land to enable her to plant at least ten acres of maize every planting season to boost her cereals business. She currently sources some cereals from local middlemen who charge exorbitant prices.

She laments of the high costs of inputs, especially during dry seasons, and unstable prices for farm produce in the local markets.

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