Jane is 40 years old. She is married with 4 children who are all adults now. She is a farmer from Nyamira town in Western Kenya where she has been farming for 20 years. She has employed one person from her community to help with the farm work. Her products are maize, milk, and tea which she sells at the local market. Her major challenge has been the limited availability of animal feed due to dry seasons and also, animal diseases.
She has requested this loan from Juhudi Kilimo for 60,000 KES to purchase a dairy cow. This loan will enable her to acquire a quality dairy cow that will produce enough milk for sale. The extra income from this loan will enable her to improve the living standard of her family.
Jane intends to purchase another piece of land and buy more dairy cows in future. She says that she is willing to work with Juhudi for as long as it takes.
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.