Jane is 47 years old. She is a widowed mother of 8 children between the ages of 10 and 24. Six of the children are currently attending school. She has been farming for 20 years in the outskirts of Kitale town in Western Kenya. Her main product is milk, maize and beans which she sells locally. She also earns income from her rental houses in the same area.
Jane has requested this loan from Juhudi Kilimo of KES.41,600 to purchase and insure a dairy cow. She says that with this loan, she will be able to acquire another asset and meet the basic needs of the family with the extra income from the sale of milk.
In future, she hopes to acquire a good dairy cow that will increase the production of milk and earn her more income. She is grateful to Juhudi for increasing her sources of income generating activities.
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.