Nyaboke is 36 years old. She is married and has four children, ages 19, 17, 15, and 13. Three of the children currently attend school.
She is a farmer in the Kisii Region of Western Kenya. She's been farming for 16 years and sells milk at the local market as her primary source of income. Nyaboke also earns supplementary income by selling cabbage, potatoes, and bananas in her hometown. She says that the main challenges to her business are pests and diseases affecting the products, leading to poor yields.
She has requested this loan through Juhudi Kilimo for Kes. 45,000 to purchase a dairy cow. She says that the extra income from this loan will enable her to sell more milk and make additional profits to pay for her children's school fees. In the future, she would like to own more dairy cows for increased milk production.
Nyaboke thanks Juhudi Kilimo for helping people to obtain loans to improve their lives.
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.