Janeth is a resident of Litein Town in North Rift Kenya. She is twenty seven years old and married with three children between the ages of five and nine years old. She has been doing mixed farming for eight years and has employed three farmhands. She produces tea and milk. The milk is sold locally.
Janeth has applied for a loan of 45,000 KES from Juhudi Kilimo to purchase and insure a dairy cow. She hopes the income generated will enable her to pay the school fees for her children. She is planning to purchase a parcel of land where she can plant animal feed for her animals.
Her challenge is animal diseases.
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.