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Sustaining the rural smallholder farming: NMI invest in Juhudi Kilimo in Kenya

NMI has lent Juhudi Kilimo USD 3 million. The funds will enable Juhudi to expand its geographical outreach and strengthening its position in the microfinance market.

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NMI has lent Juhudi Kilimo USD 3 million. The funds will enable Juhudi to expand its geographical outreach and strengthening its position in the microfinance market. Juhudi focuses on very underserved clients in the Kenyan agricultural sector, which is seen by other players as a too risky sector. The Company has done this successfully over the past years, notably through an increase in profits and outreach, without compromising portfolio quality. Juhudi currently serves 46,000 customers through its 31 branches. NMI is proud to partner with Juhudi Kilimo and support them in pursuing their vision to "improve the livelihood of rural smallholder farmers and micro entrepreneurs by providing wealth-creating financial solutions."

Juhudi Kilimo website: https://www.juhudikilimo.com/

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Abler Nordic was established in 2008 in Oslo, Norway as a partnership between the public sector and private investors. Abler Nordic invests in institutions building financial inclusion in Africa and Asia.
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