Jenifer requested this loan through Juhudi Kilimo for Kes. 71,400 to purchase and insure a dairy cow. She will also use a portion of the money to improve the sleeping shed she built for her current livestock.
Jenifer says that with this loan she will have sufficient milk to become a supplier to the KCC - the Kenya Cooperative of Creameries. This will result in a more stable income which she will use to pay for her children's college fees and their basic needs.
Looking to the future, Jenifer hopes to build a modern grazing unit to ensure her animals are well taken care of. She feels this will help get maximum benefit out of her income-producing assets.
Important InformationTo 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.
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