Alice is a farmer from Kitale town in western Kenya, where she has been farming for 6 years. Her farm produces milk and eggs which she sells to the local market. Her biggest challenge in farming has been disease, which affects her dairy cows.
She has requested this loan of 31,200 KES through Juhudi Kilimo to purchase and insure a dairy cow. She says that this loan will enable her to acquire another asset that will generate income through the sale of milk. The income from this loan will help her improve the livelihood of her family. In future, she would like to acquire 4 more dairy cows, a posho mill and a chuff-cutter that will enable her to expand her farming.
Alice is 35 years old. She is married and has 2 school-aged children who attend school.
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.