Zipporah is 63 years old. She is a widowed mother of three children between the ages of 37 and 41. She has been farming for the last 10 years in Litein town, Rift Valley, Kenya. Her farm produces beans, maize, vegetables and milk, which she sells to the local market. She has employed two people from her community to help with the farm work.
Zipporah recently completed her previous loan from Juhudi Kilimo of 45,000 Kenyan shillings (KES) and has requested this loan of 50,000 KES to purchase a dairy cow. She says that this loan will increase the income of the family and they will also be able to acquire another asset that will be used as security to apply for more loans in future.
Her biggest challenge has been lack of enough land to graze and a lack of knowledge on animal husbandry. She hopes, however, to improve her dairy farming to a more productive business by buying good quality dairy cows.
She is grateful to Juhudi for their constant support and will request more loans once she has completed this 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.