Wilter is 45 years old. She is married with five children, ages 18 to 30 years old. Two of the children are attending school.
She is a farmer from Kisii town in Western Kenya where she has been farming for 15 years. Her products are milk, maize and tea which she sells to the local market and Kenya Tea Development Authority. She also buys and sells maize at the local market. Her main challenges are the poor transport network and lack of finances to do business at a higher level.
She has requested this loan from Juhudi Kilimo for 35,000 KES to purchase and insure a dairy cow. Through this loan she will be able to acquire a dairy cow that will increase her security and this will enable her access to bigger loans in the future. The extra income from this loan will enable her to educate and feed her family.
She is grateful to Kiva and Juhudi Kilimo for their loan and hopes to get more support in the future.
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.