Pauline is 43 years old and married with seven children, between the ages of 7 and 25. Five of the children are still attending school. She is a farmer near Litein in the South Rift Valley of Kenya. She's been farming for about 20 years and employs two people. She earns her income selling pineapples, maize, bananas, milk, and tea. She says that the main challenge she faces to her business are fluctuating prices for farm produce, despite the constant or rising prices of farm inputs. She is hoping that improved breeds of cows will increase her overall milk production and that she'll find better markets for her farm produce.
She successfully repaid her first loan from Juhudi Kilimo and has requested a new loan through Juhudi to purchase and insure an added dairy cow. She says that the extra income from this loan will primarily help her pay for her children's school fees.
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.