Eunice M. is 32 years old. She is married and has one child who is ten years old and attending school.
Eunice is a dairy farmer from Nyamira town, western Kenya, where she has been farming for seven years. Her farm produces milk that is sold locally. She also earns income from her business of selling ready-made clothes to the local market. Her primary challenges are a poor transport network and a lack of stable markets for her products.
She has requested this loan of 45000 KES from Juhudi Kilimo to purchase and insure a dairy cow. The extra income from this loan will help her pay school fees for her child and improve the livelihood of her family. In the future, she would like to expand her farming by acquiring other dairy cows.
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.