Joan is 45 years old. She is married and has four children between the ages of 9 and 27. Two of her children are attending school.
Joan has been farming on the outskirts of Kitale town in Western Kenya for the last 20 years. Her main products are milk and maize, which she sells to Kenya Cooperative Creameries and the National Cereals Board respectively. She also earns income from bricks that she sells at the local market.
Joan has requested this loan of 46,800 Kenyan shillings from Juhudi Kilimo to purchase and insure a dairy cow. She says that this loan will improve her dairy farming, since it will increase her milk production, and earn her more income. Her biggest challenge has been lack of enough animal feed but, with training, she has been able to improve her breed.
Joan would like to supply her milk to a milk chilling plant in her village and purchase a deep freezer that will help her store her milk in the future. She is grateful to Juhudi for empowering her economically.
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.