Sarah is a 60 years old widowed and mother of nine children. Two of her children attend school.
She is a farmer from Kisii town in Western Kenya. She has been farming for 44 years and has one employee. Her main products are beans, bananas, maize and tea which she sells at the local market and to the Kenya Tea Development Authority. Her major challenge is a lack of finances for expansion.
Sarah has requested a loan from Juhudi Kilimo for KES.45,000 to purchase and insure a dairy cow that will provide enough milk to sell and for her grandchildren to consume.
She appreciates the loan.
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.