Josephine is a farmer from Nyamira town in western Kenya. She has been farming for ten years and has employed one farmhand. Her mixed farm produces tea, which she sells through Kenya Tea Development Authority, as well as maize, sorghum and bananas which she sells locally. She mainly depends on the income from her farm to provide for the basic needs of her family.
Josephine is 34 years old. She is married with 5 school-aged children who all attend school.
She has requested this loan of 45,000KES through Juhudi Kilimo to purchase and insure a dairy cow. The extra income from this loan will help in paying school fees for her children and improving the living standards of her family. She faces the challenge of diseases, which affects her crops and animals. In five years time, she plans to increase the number of her dairy cows to four and start a wholesale business.
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.