Winnyrose is a dairy farmer from Litein town in Rift Valley, Kenya. She has been farming for the last five years. Her main product is milk, which she sells locally. She also earns income from her small-scale farming of tea and a bodaboda (motorbike transport) business.
Winnyrose is 24 years old. She is married and has been blessed with three children, ages 9, 7 and 2. Two of the children attend school.
Winnyrose has a good record with Juhudi Kilimo after successfully completing her second loan. She has requested this loan of 80,000 Kenyan shillings to purchase a dairy cow. She says that with this loan she will be able to purchase a quality dairy cow that will increase her milk production and earn her more income. She does, however, face the challenges of an unreliable market for her milk and a lack of artificial-insemination services. In the future, she would like to buy a pure breed of dairy cow and land to plant enough dairy feeds.
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.